3 Apr 2012 11:54
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION INTO OR IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT SECURITIES LAWS OF THAT JURISDICTION
JJB Sports plc
Response to today's share price movement
JJB Sports plc ("JJB" or the "Company") notes the movement in its share price and rumours regarding a potential offer for the Company.
The Company confirms that it has in recent weeks held discussions with its lending bank and a number of potential strategic partners and investors about raising additional financing for the Company.
Constructive discussions continue with the Company's lending bank and one of the potential strategic partners and have been widened to include other key stakeholders. There is no certainty that these discussions will result in the Company reaching agreement for the provision of additional financing.
A further announcement will be made in due course.
For further information, please contact:
Maitland
Neil Bennett
Daniel Yea
020 7379 5151
Numis Securities Limited, Nominated Adviser
Heraclis Economides
Richard Thomas
020 7260 1000