REG - Sports Direct Intl. - Half Yearly Report <Origin Href="QuoteRef">SPD.L</Origin> - Part 3

FrasersAnnouncement

10/12/2015 07:11

- Part 3: For the preceding part double click  ID:nRSJ5870Ib 

314,662    
 
 
Included within the movement in receivables are amounts held as collateral
against equity derivatives. 
 
9. Related party transactions 
 
The Group has taken advantage of the exemptions contained within IAS 24 -
"Related Party Disclosures" from the requirement to disclose transactions
between Group companies as these have been eliminated on consolidation. 
 
All related party transactions were undertaken on an arm's length basis and
were made in the ordinary course of business. 
 
10. Post balance sheet events 
 
Since the period end, merger clearance from the Irish Competition and Consumer
Protection Commission has been obtained for the acquisition of an additional
stake in our Irish joint venture partner, Heatons. The provisional value of
assets and liabilities of the business at the date of acquisition are E161m
and E75m respectively. The Group holds a put and call option to purchase the
remainder of the business and expects to exercise this option before the year
end. 
 
This information is provided by RNS
The company news service from the London Stock Exchange