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SPD Sports Direct International Plc

470.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sports Direct International Plc Employee Benefit Trust Purchase of Shares (2851Y)

04/12/2017 11:30am

UK Regulatory


Sports Direct (LSE:SPD)
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TIDMSPD

RNS Number : 2851Y

Sports Direct International Plc

04 December 2017

Date: 4 December 2017

SPORTS DIRECT INTERNATIONAL PLC

("Sports Direct" or the "Company")

PURCHASE BY THE SPORTS DIRECT EMPLOYEE BENEFIT TRUST OF EMPLOYEE SHARES

On 30 November 2017, a total of 17,238 ordinary shares of 10 pence each in the Company ("Shares") were acquired by 4 participants following the exercise of awards under the Company's share schemes. The 17,238 Shares sold by participants following exercise were acquired by Estera 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 377 pence per Share (being an amount equal to the mid-market closing price of a Share on 30 November 2017) 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.

-Ends-

 
 Sports Direct International 
  plc                            T. 0344 245 9200 
  Cameron Olsen, Company         E. investor.relations@sportsdirect.com 
  Secretary 
  LEI: 213800JEGHHEAXIJDX34 
 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

MSCTIBBTMBMMBBR

(END) Dow Jones Newswires

December 04, 2017 06:30 ET (11:30 GMT)

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