RCS - Sports Direct Intl. - Media Statement

FrasersAnnouncement

11/04/2019 10:30

RNS Number : 9053V
Sports Direct International Plc
11 April 2019
 


Date: 11 April 2019
 
 
SPORTS DIRECT INTERNATIONAL PLC
("Sports Direct" or the "Company")
 
Media Statement
 
Further to this morning's announcement of a new share buyback programme, the board of Sports Direct believes our share buybacks are an important mechanism for maintaining an efficient but robust balance sheet for the benefit of our shareholders, whose support, including during the Debenhams refinancing process, we continue to appreciate.
 
Our understanding of the importance of our shareholders and our actions towards them are in complete contrast to the actions of the board of Debenhams, past and present, whereby they ignored the wishes of shareholders, both major and minor, and offers of support, and completely destroyed shareholder value.
 
Ends
 



Sports Direct International plc
Cameron Olsen, Company Secretary


T. 0344 245 9200
E. investor.relations@sportsdirect.com



 
 
 
 
 
 
 
 
 
 




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