Purchase of Shares

RNS Number : 4631Y

Sports Direct International Plc

08 September 2015

 

8 September 2015

sports direct international plc
(the "Company")

Purchase by the Sports Direct Employee Benefit Trust of Employee Shares

On 7 September 2015, a total of 4,117,365 ordinary shares of 10 pence each in the Company ("Shares") were acquired by 1,977 participants following the exercise of awards under the Company's 2011 Share Scheme. The 3,772,383 Shares sold by participants following exercise were acquired by Appleby Trust (Jersey) Limited as Trustee of the Sports Direct Employee Benefit Trust (the "Trustee"), with the acquisition being funded by a loan advanced by the Company. The Shares were acquired at a price of 781 pence per Share (being an amount equal to the mid-market closing price of a Share on 7 September 2015) in an off-market transaction effected in Jersey. The Trustee has purchased these Shares in order to help meet future obligations arising under the Company's share schemes.

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For further information, please contact:

Sports Direct International plc                                T. 0344 245 9200

Dave Forsey, Chief Executive

Matt Pearson, Acting Chief Financial Officer

Powerscourt                                                  T. 0207 250 1446

Rory Godson

Victoria Palmer-Moore

Lisa Kavanagh

Notes to Editors

Sports Direct is the UK's leading sports retailer by revenue and operating profit, with approximately 400 stores across the UK. The Group provides an unrivalled range of products, offering exceptional quality and unbeatable value, from a wide variety of third-party and Group-owned brands, both in-store and online. Sports Direct now operates in 20 countries in Europe.

For more information please visit: www.sportsdirectplc.com

 

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