REG - GAME Digital PLC Sports Direct Intl. - SPORTS DIRECT HOLDING IN GAME DIGITAL <Origin Href="QuoteRef">GMDG.L</Origin> <Origin Href="QuoteRef">SPD.L</Origin>

FrasersAnnouncement

13/07/2017 07:06

RNS Number : 9228K
GAME Digital PLC
13 July 2017
13 July 2017
SPORTS DIRECT INTERNATIONAL PLC HOLDING IN GAME DIGITAL PLC
GAME Digital plc ("GAME" or the "Group") has been informed that Sports Direct International plc ("Sports Direct") has acquired 44 million shares, equivalent to 25.75% of the share capital of the Group. 
GAME is aware that Sports Direct has taken significant strategic equity stakes in a number of retail and brand businesses across both the UK and USA, and is a leading retailer which partners with major global brands and suppliers. 
GAME is pleased that the strategic value of the group has been recognised by Sports Direct through this acquisition of a 25.75% stake. The Group looks forward to working collaboratively with Sports Direct to explore the clear opportunities that a constructive partnership and collaboration can deliver for all stakeholders in the gaming, live events and rapidly growing esports markets in which it operates.
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Enquiries:
GAME Digital plc (via Citigate)

Martyn Gibbs
Chief Executive Officer
Mark Gifford
Chief Financial Officer
James Staveley
Investor Relations & Corporate Development Director 
Citigate Dewe Rogerson
+44 (0) 20 7638 9571
Grant Ringshaw
Jos Bieneman

This information is provided by RNS
The company news service from the London Stock Exchange
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