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RNS Number: 4113 W Sports Direct International Plc 17 April 2019 Date: 17 April 2019. Sports Direct announces that on 16 April 2019 it purchased 9,116 of its ordinary shares from Liberum Capital Limited on the London Stock Exchange at an average price of 299.52 pence per share, as part of the Company's buyback programme announced on 11 April 2019. The purchased...
RNS Number: 2607 W Sports Direct International Plc 16 April 2019 Date: 16 April 2019. Sports Direct announces that on 15 April 2019 it purchased 210,201 of its ordinary shares from Liberum Capital Limited on the London Stock Exchange at an average price of 297.27 pence per share, as part of the Company's buyback programme announced on 11 April 2019. The purchased...
RNS Number: 1185 W Sports Direct International Plc 15 April 2019 Date: 15 April 2019. Sports Direct announces that on 12 April 2019 it purchased 180,920 of its ordinary shares from Liberum Capital Limited on the London Stock Exchange at an average price of 296.35 pence per share, as part of the Company's buyback programme announced on 11 April 2019. The purchased...
RNS Number: 9797 V Sports Direct International Plc 12 April 2019 Date: 12 April 2019. Sports Direct announces that on 11 April 2019 it purchased 89,686 of its ordinary shares from Liberum Capital Limited on the London Stock Exchange at an average price of 291.74 pence per share, as part of the Company's buyback programme announced on 11 April 2019.
RNS Number: 9053 V Sports Direct International Plc 11 April 2019 Date: 11 April 2019. Further to this morning's announcement of a new share buyback programme, the board of Sports Direct believes our share buyback s are an important mechanism for maintaining an efficient but robust balance sheet for the benefit of our shareholders, whose support, including...
RNS Number: 8288 V Sports Direct International Plc 11 April 2019 Date: 11 April 2019. The aggregate purchase price of all shares acquired under the Programme will be no greater than £15,000,000. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 6644 V Sports Direct International Plc 09 April 2019 Sports Direct International plc. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. On 4 March 2019, Sports Direct...
RNS Number: 6631 V Sports Direct International Plc 09 April 2019. Sports Direct notes today's announcement from Debenhams plc and the placing of Debenhams into administration, passing control of its business to Debenhams' lenders, and wiping out Debenhams shareholders. This marks the end of this sorry chapter in Debenhams' history.
RNS Number: 6579 V Sports Direct International Plc 09 April 2019 Date: 9 April 2019. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.. As a result of this announcement, Sports Direct will, except with the...
Department stores group Debenhams has asked for its shares to be suspended with immediate effect and warned that it is set to hand control of its operating businesses to its lenders, wiping out the shareholders' equity. The company states that transferring its subsidiaries into “the ownership of a lender-approved entity” would ensure the “stability and continuing trading” of its subsidiaries, with “no disruption” to the group's business, customers, employees, pension holders, suppliers or operations. An offer by Sports Direct international, which owns nearly 30% of the group, to underwrite a £200m rescue fundraising has been rejected by Debenhams’ board and lenders. Sports Direct says it continues to consider a £61m takeover of the company at 5p per share.
Sports Direct International Plc (SPD.L) Announced that its proposal to underwrite equity shares worth £150 million issued by Debenhams Plc (Debenhams) was rejected by the latter. Since then, the company has written to the board of Debenhams to inform it that the company continues to give active consideration to its pre-conditional possible offer for Debenhams at 5p in cash per ordinary share announced on 25 March 2019. It has also made a revised proposal to Debenhams under which the company would underwrite a £200 million pre-emptive equity issuance to existing Debenhams shareholders. The equity issuance, which would form part of a comprehensive refinancing of Debenhams, is subject to a number of conditions, all of which the company believes should be deliverable with the co-operation of Debenhams and its existing lenders, including the appointment of Mr Mike Ashley as Debenhams' CEO as soon as practicable and Debenhams' lenders agreeing to write-off (in aggregate) £82 million of Debenhams' £720 million total debt facilities.
Sports Direct refers to its announcement of 3:09pm on 8 th April 2019 in which Sports Direct noted that Debenhams plc had re jected the proposal made by Sports Direct to underwrite a £150 million equity issuance by Debenhams. Sports Direct has also made a revised proposal to Debenhams under which Sports Direct would underwrite a £200 million pre-emptive...
RNS Number: 4805 V Sports Direct International Plc 08 April 2019 Date: 8 April 2019. Sports Direct announces that it has today received a letter from Debenhams plc rejecting the proposal made by Sports Direct to underwrite a £150 million equity issuance by Debenhams.. Sports Direct had sought to constructively engage with the Debenhams board, including over...
Debenhams (DEB) shares were back in ascendence this morning after its largest shareholder Sports Direct (SPD) addressed press speculation that it has offered to underwrite a £150m equity issuance by the struggling department store chain. The offer is still conditional on Mike Ashley being appointed Debenhams’ new chief executive and on the company’s lenders writing off £148m-worth of debt. In Sports Direct’s view, the equity issuance would “form part of a comprehensive refinancing” of the company. The sports chain is still deliberating a potential takeover offer for Debenhams – first mooted at the end of March – although it has until 22 April to make a firm offer for the company. We remain sellers of Debenhams.
Sports Direct International Plc (SPD.L) Announced that it continues to seek to constructively engage with the Debenhams board and, as one of a number of potential options under consideration, it has made a proposal to Debenhams under which it would underwrite a £150 million pre-emptive equity issuance to existing Debenhams shareholders. The company also wishes to confirm that, in addition to consideration of the Equity Issuance, it continues to give active consideration to its pre-conditional possible offer for Debenhams at 5p in cash per ordinary share announced on 25 March 2019 (the "Possible Offer").
Sports Direct International has confirmed that it has made a proposal to underwrite a £150m equity issue by Debenhams. The issue, which would be on a pre-emptive basis to existing Debenhams shareholders, would form part of a comprehensive refinancing. It would require Sports Direct founder Mike Ashley to be installed as Debenhams' chief executive, while the department store group’s lenders would have to agree to a debt write-off at £148m. The equity issue would be an alternative to Sports Direct’s £61m pre-conditional possible offer for Debenhams at 5p per share. Sports Direct already holds a 29.9% stake in the group. Sports Direct has until April 22 to announce a firm intention to make an offer and says it continues to actively evaluate all possible options to support the company.
Sports Direct notes the recent press speculation regarding a proposal made by Sports Direct to underwrite a £150 million equity issuance by Debenhams plc.. Sports Direct wishes to confirm that it continues to seek to constructively engage with the Debenhams board and, as one of a number of potential options under consideration, it has made a proposal to...
On 29 March 2019, a total of 13,218 ordinary shares of 10 pence each in the Company were acquired by two participants following the exercise of awards under the Company's share schemes. The Shares were acquired at a price of 292.2 pence per Share in an off-market transaction effected in Jersey. RNS is approved by the Financial Conduct Authority to act as a...
RNS Number: 7246 U Sports Direct International Plc 01 April 2019 FORM 8. PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER. Rules 8.1 and 8.2 of the Takeover Code.

Company Profile

Sports Direct International is a sports goods retailer that listed in London on 27 February 2007. Billionaire founder Mike Ashley raised over �900m from the float, valuing the firm at more than �2bn. The group operates 465 stores, with 408 in the UK, under various brands including Sports World, Sports Direct and Original Shoe Company. It acquired the famous Lillywhites store located at Piccadilly Circus in central London in 2002. It also owns the rights to some key brands including Dunlop, Slazenger, Kangol and golf brand Donnay.

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Unit A, Brook Park East
NG20 8RY
Shirebrook
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