RNS Number:6527S
Sportsworld Media Group PLC
17 October 2000


SPORTSWORLD MEDIA GROUP PLC ("Sportsworld" or the "Company")

Sportsworld announces that, on 16 October 2000, Sovereign Trust International
Limited, as trustee for The Kennedy Settlement, of which Geoff Brown, Chief
Executive of the Company, is a beneficiary, sold 650,000 ordinary shares in
the Company at a price of 600 pence per share. The Kennedy Settlement retains
1,192,286 ordinary shares, representing 1.77 per cent. of the Company's issued
share capital. In addition The Kennedy Settlement holds warrants over a
further 2,857,142 ordinary shares. The Kennedy Settlement is therefore
interested in aggregate in approximately 5.7 per cent. of the share capital of
the Company, assuming that all such warrants were exercised. 

In addition, The Kennedy Settlement has agreed, save in certain limited
circumstances, not to dispose of any further ordinary shares, including any
ordinary shares arising from the exercise of warrants until 16 April 2002.




Sportsworld Media (LSE:SWD)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Sportsworld Media Charts.
Sportsworld Media (LSE:SWD)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Sportsworld Media Charts.