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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sports Direct International Plc | LSE:SPD | London | Ordinary Share | GB00B1QH8P22 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 470.00 | 469.20 | 469.80 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSPD
RNS Number : 5923F
Sports Direct International Plc
18 May 2017
Date: 18 May 2017
SPORTS DIRECT INTERNATIONAL PLC
("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.
Ends.
Sports Direct International T. 0344 245 9200 plc E. investor.relations@sportsdirect.com Cameron Olsen, Company Secretary KBA PR T. 0207 734 9995 Keith Bishop E. sd@kbapr.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCAPMATMBBBBIR
(END) Dow Jones Newswires
May 18, 2017 11:16 ET (15:16 GMT)
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