UK retailer JD Sports sells entire Applied Nutrition stake for $66.5 million

Applied Nutrition

16/04/2026 08:02

April 16 (Reuters) - British sportswear retailer JD Sports Fashion JD.L has sold its entire 9.1% stake in Applied Nutrition APNA.L for about 49 million pounds ($66.47 million), a bookrunner said on Thursday.

The retailer was the second-biggest shareholder in Applied Nutrition, an accessible sports nutrition brand selling products such as protein powders and shakes, performance supplements, vitamins, energy drinks and weight‑management products.

Here are some details:

JD Sports sold 22.75 million shares of Applied Nutrition at 2.15 pounds each through a secondary share placing, representing a roughly 5% discount to the stock's closing price on Wednesday.

Applied Nutrition's founder and CEO, Thomas Ryder, holds the majority shareholding in the creatine and protein supplement maker with a 34.27% stake, according to LSEG.

Liverpool-based Applied Nutrition debuted on the London Stock Exchange in October 2024 and was backed by JD Sports.

Settlement is expected on April 20, with Peel Hunt acting as the sole bookrunner on the transaction.

($1 = 0.7371 pounds)

 (Reporting by Yamini Kalia in Bengaluru; Editing by Subhranshu Sahu)

 ((Yamini.Kalia@thomsonreuters.com))