REG - Sports Direct Intl. - Response to EU referendum <Origin Href="QuoteRef">SPD.L</Origin>

FrasersAnnouncement

24/06/2016 13:40

RNS Number : 2422C
Sports Direct International Plc
24 June 2016
Released: 24 June 2016
Sports Direct International Plc
SPORTS DIRECT INTERNATIONAL PLC
24 June 2016
RESPONSE TO UK REFERENDUM RESULT ON EUROPEAN UNION MEMBERSHIP
Following the outcome of the referendum, Sports Direct International plc ("Sports Direct" or the "Company") notes the associated market volatility and in particular material changes to sterling / dollar exchange rates, and the lack of transparency as to those rates in the short to medium term. These factors are likely to impact purchases for which the Company is currently not hedged for the FY17 period and beyond. 
The Company continues to assess the impact of the referendum and will update the market further on announcement of the preliminary results on 7 July 2016.
Ends.
Sports Direct International plc
Dave Forsey, Chief Executive
Matt Pearson, Acting Chief Financial Officer
T. 0344 245 9200
KBA PR 
Keith Bishop
T. 0344 245 9200

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