Findel PLC Response to lapsed offer (0953Y)

TIDMFDL TIDMSPD

RNS Number : 0953Y

Findel PLC

03 May 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 OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

3 May 2019

Findel plc ("Findel" or the "Group")

Response to the Lapsing of the Sports Direct Mandatory Offer

The Findel Board welcomes today's announcement from Sports Direct that its Mandatory Offer for Findel has now lapsed and is pleased that shareholders have demonstrated their support of the Group's strategy and management. We look forward to continuing to work with Sports Direct for the benefit of all stakeholders.

For further information, please contact:

 
 Findel plc 
  Ian Burke, Chairman 
  Phil Maudsley, Group CEO 
  Stuart Caldwell, Group CFO                0161 303 3465 
 
 
   N+1 Singer (Joint Financial Adviser 
   to Findel) 
   Mark Taylor 
   Jen Boorer 
   Harry Mills                              020 7496 3000 
 
   Stifel (Joint Financial Adviser 
   to Findel) 
   Tim Medak 
   Mark Harrison 
   Anthony Ledeboer 
   Francis North                            020 7710 7600 
 
   Tulchan Communications 
   Catherine James 
   Will Smith                               020 7353 4200 
 

Further information

A copy of this announcement will be available at www.findel.co.uk. The content of the website referred to in this

announcement is not incorporated into and does not form part of this announcement.

N+1 Singer Advisory LLP (which is authorised and regulated in the United Kingdom by the Financial Services Authority)

is acting exclusively for the Group in connection with the matters referred to above and no one else and will not be

responsible to anyone other than the Group for providing the protections offered to clients of N+1 Singer Advisory LLP

nor for providing advice in relation to the matters referred to above.

Stifel Nicolaus Europe Limited ("Stifel"), which is authorised and regulated in the United Kingdom by the Financial

Conduct Authority, is acting exclusively for Findel and no one else in connection with the above and will not be

responsible to anyone other than Findel for providing the protections offered to clients of Stifel nor for providing

advice in relation to the subject matter of this announcement or any other matters referred to in this announcement.

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 [e-mail] or visit www.rns.com.

END

OLALLFEEESIVIIA

(END) Dow Jones Newswires

May 03, 2019 12:04 ET (16:04 GMT)