Sports Direct International Plc Employee Benefit Trust Purchase of Shares (7143D)
February 02 2018 - 2:00AM
UK Regulatory
TIDMSPD
RNS Number : 7143D
Sports Direct International Plc
02 February 2018
Date: 2 February 2018
SPORTS DIRECT INTERNATIONAL PLC
("Sports Direct" or the "Company")
PURCHASE BY THE SPORTS DIRECT EMPLOYEE BENEFIT TRUST OF EMPLOYEE
SHARES
On 31 January 2018, a total of 31,125 ordinary shares of 10
pence each in the Company ("Shares") were acquired by 5
participants following the exercise of awards under the Company's
share schemes. The 26,265 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 371.25 pence per Share (being an
amount equal to the mid-market closing price of a Share on 31
January 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 T. 0344 245 9200
Cameron Olsen, Company E. investor.relations@sportsdirect.com
Secretary
LEI: 213800JEGHHEAXIJDX34
KBA PR
Keith Bishop T. 0207 734 9995
E. sd@kbapr.com
This information is provided by RNS
The company news service from the London Stock Exchange
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