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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Frasers Group Plc | LSE:FRAS | 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 | |
---|---|---|---|---|---|---|---|---|---|---|
5.50 | 0.70% | 796.00 | 799.00 | 799.50 | 801.00 | 790.50 | 790.50 | 353,732 | 16:35:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Sport Gds Stores, Bike Shops | 5.45B | 488M | 1.0774 | 7.42 | 3.62B |
TIDMSPD
RNS Number : 1779U
Sports Direct International Plc
13 January 2017
Released: 13 January 2017
Sports Direct International Plc
13 January 2017
SPORTS DIRECT INTERNATIONAL PLC ("Sports Direct" or "the Company")
REVIEW OF CORPORATE GOVERNANCE
The Board has decided, following careful reconsideration of all options, that the '360 review' of corporate governance announced on 6 and 20 September 2016 will be led by RPC, who adopted the highest standards in delivering the Working Practices Report.
This decision has been taken in the light of recent frustrations over delays in appointing an independent party other than RPC to lead the review. These delays were due to the fact that we have twice accepted candidates who were put forward to chair the review by the Investor Forum, only for those candidates to subsequently be withdrawn.
We believe any further delays would place an unreasonable burden on the business at a time when the Company should be fully focused on delivering its strategic priorities as we build towards our medium and long term aspiration to become the "Selfridges" of sports retail.
In the meantime, we will continue to strive to make further positive progress by engaging with shareholders in line with our Engagement Statement, the current version of which is available on the Company's corporate website.
As previously stated, an external evaluation of the Board is planned for later this financial year.
Ends.
Sports Direct International plc T. 0344 245 9200 Cameron Olsen, Company E. investor.relations@sportsdirect.com Secretary KBA PR Keith Bishop T. 0207 734 9995 E. sd@kbapr.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 13, 2017 12:00 ET (17:00 GMT)
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