Sports Direct International Plc EMPLOYEE BENEFIT TRUST PURCHASE OF EMPLOYEE SHARES (3012J)
December 04 2018 - 2:00AM
UK Regulatory
TIDMSPD
RNS Number : 3012J
Sports Direct International Plc
04 December 2018
Date: 4 December 2018
SPORTS DIRECT INTERNATIONAL PLC
("Sports Direct" or the "Company")
PURCHASE BY THE SPORTS DIRECT EMPLOYEE BENEFIT TRUST OF EMPLOYEE
SHARES
On 30 November 2018, a total of 16,751 ordinary shares of 10
pence each in the Company ("Shares") were acquired by two
participants following the exercise of awards under the Company's
share schemes. The 16,751 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 289.8 pence per Share (being an
amount equal to the mid-market closing price of a Share on 30
November 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 Secretary E. investor.relations@sportsdirect.com
LEI: 213800JEGHHEAXIJDX34
KBA PR
Keith Bishop T. 0207 734 9995
E. sd@kbapr.com
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END
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