Media Statement

RNS Number : 9053V
Sports Direct International Plc
11 April 2019
 

Date: 11 April 2019

 

 

SPORTS DIRECT INTERNATIONAL PLC

("Sports Direct" or the "Company")

 

Media Statement

 

Further to this morning's announcement of a new share buyback programme, the board of Sports Direct believes our share buybacks are an important mechanism for maintaining an efficient but robust balance sheet for the benefit of our shareholders, whose support, including during the Debenhams refinancing process, we continue to appreciate.

 

Our understanding of the importance of our shareholders and our actions towards them are in complete contrast to the actions of the board of Debenhams, past and present, whereby they ignored the wishes of shareholders, both major and minor, and offers of support, and completely destroyed shareholder value.

 

Ends

 

Sports Direct International plc

Cameron Olsen, Company Secretary

T. 0344 245 9200

E. investor.relations@sportsdirect.com

 

 

 

 

 

 

 

 

 

 


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.
 
END
 
 
NRALIFFASEILLIA
UK 100

Latest directors dealings