REG - Sports Direct Intl. - Statement regarding National Minimum Wage <Origin Href="QuoteRef">SPD.L</Origin>

FrasersAnnouncement

31/12/2015 07:01

RNS Number : 4930K
Sports Direct International Plc
31 December 2015
31 December 2015
Sports Direct International plc:
Statement regarding National Minimum Wage 
Sports Direct International plc today announces that it has made a commitment that its directly employed UK employees and directly engaged casual workers will be paid above the National Minimum Wage from 1st January 2016.
The cost in relation to these direct employees and casual workers and other related costs and knock on costs are likely to be circa 10m on an annualised basis.
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Powerscourt
T. 0207 250 1446
Rory Godson
Peter Ogden
Lisa Kavanagh
Notes to Editors
Sports Direct is the UK's leading sports retailer by revenue and operating profit, with approximately 400 stores across the UK. The Group provides an unrivalled range of products, offering exceptional quality and unbeatable value, from a wide variety of third-party and Group-owned brands, both in-store and online. Sports Direct now operates in 20 countries in Europe. For more information please visit: www.sportsdirectplc.com

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