REG - Sports Direct Intl. - Employee Benefit Trust Purchase of Employee Shares

FrasersAnnouncement

02/05/2018 18:00

2018-05-02T17:00:01.327Zreuters.comtag:reuters.com,2018-05-02:newsml_RSB9486Ma:13TXT
This file is provided for EAP sample purposes only; it's structure and detail are subject to change, and should not be used as a definitive reference for actual development and processing.2018-05-02T17:00:01.327Z2018-05-02T17:00:01.327Z_UCDP:parsn_lse_10.54.132.131_1.2.37102:2019-06-02T17:00:01.327Z3RSB9486MaREG - Sports Direct Intl.  - Employee Benefit Trust Purchase of Employee SharesSporting Goods Stores (TRBC level 5)Specialty Retailers (TRBC level 3)Miscellaneous Specialty Retailers (TRBC level 4)Consumer Cyclicals (TRBC level 1)LEGACY: Cyclical Consumer Goods & Services (TRBC)Retailers (TRBC level 2)Western EuropeUnited KingdomEuropeAll RetailSuggested SourcesConsumer Products and ServicesServicesNews AnnouncementsRegulatory Corporate News AnnouncementsCompany NewsEurope daily earnings hits & missesSports Direct International PLC








RNS Number : 9486M
Sports Direct International Plc
02 May 2018
 

Date: 2 May 2018
SPORTS DIRECT INTERNATIONAL PLC
("Sports Direct" or the "Company")
 
PURCHASE BY THE SPORTS DIRECT EMPLOYEE BENEFIT TRUST OF EMPLOYEE SHARES
On 30 April 2018, a total of 32,286 ordinary shares of 10 pence each in the Company ("Shares") were acquired by five participants following the exercise of awards under the Company's share schemes. The 22,939 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 402.80 pence per Share (being an amount equal to the mid-market closing price of a Share on 30 April 2018) 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
Cameron Olsen, Company Secretary
LEI: 213800JEGHHEAXIJDX34


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




KBA PR                                 
Keith Bishop


 
T. 0207 734 9995
E. sd@kbapr.com




 



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