Oil & Gas Evening / New speaker, Edison Oil Analyst Elaine Reynolds plus #TRP & Hardman CEO Book Tickets Now

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSports Direct Regulatory News (SPD)

  • There is currently no data for SPD

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Strategic Investments

Thu, 18th May 2017 16:16

RNS Number : 5923F
Sports Direct International Plc
18 May 2017

Date: 18 May 2017


("Sports Direct" or the "Company")

Strategic US investments

Sports Direct International plc ("Sports Direct" or "the Company") is pleased to announce that consistent with its long standing strategy of taking strategic stakes it now holds the following indirect economic interests through contracts for difference with Monecor (London) Ltd:

· 6,981,192 shares in Iconix Brand Group Inc, representing 12.23% of the issued common stock of that company; and

· 3,716,003 shares in Finish Line Inc, representing 9.21% of the issued common stock of that company.

The main rationale for these stakes is to allow Sports Direct to hopefully build a relationship and develop commercial partnerships with the relevant parties. They also help the Company to build relationships with key suppliers and brands.


Sports Direct International plc

Cameron Olsen, Company Secretary

T. 0344 245 9200

E. investor.relations@sportsdirect.com


Keith Bishop

T. 0207 734 9995

E. sd@kbapr.com

This information is provided by RNS
The company news service from the London Stock Exchange
Date   Source Headline
16th Dec 201911:20 amRNSResult of GM and Change of Company Name
16th Dec 20197:00 amRNSTransaction in Own Shares
16th Dec 20197:00 amRNSHalf-year Results Announcement
25th Nov 20194:00 pmRNSNotice of General Meeting
19th Nov 20195:37 pmRNSDate of Publication of Half Year Results

Login to your account

Don't have an account? Click here to register.