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Speculation re Go Outdoors

22 Jun 2020 07:00

RNS Number : 5769Q
JD Sports Fashion Plc
22 June 2020
 

22 June 2020

JD Sports Fashion Plc

Speculation re Go Outdoors

JD Sports Fashion Plc (the 'Group') notes the speculation with regards to the filing of a Notice of Intention to appoint Administrators ('Notice') at Go Outdoors ('Go').

 

The Group can confirm that it has considered a number of strategic options for Go and that Go's directors have lodged the Notice in Court. This Notice creates an immediate moratorium around the company and its property which lasts for ten business days. During this moratorium, Go's creditors cannot take legal action or continue with any existing legal proceedings against the company without the Court's permission.

 

Administrators have not yet been appointed and the Group will make no further comment at this time.

 

Enquiries:

 

JD Sports Fashion Plc

Tel: 0161 767 1775

Peter Cowgill, Executive Chairman

Neil Greenhalgh, Chief Financial Officer

Jennifer Iveson, Investor Relations

MHP Communications

Tel: 0203 128 8788

Andrew Jaques

Giles Robinson

Charles Hirst

Catherine Chapman

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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