Clarification regarding FRC

RNS Number : 4632A

Sports Direct International Plc

11 September 2018

 

11 September 2018

SPORTS DIRECT INTERNATIONAL PLC

("Sports Direct" or the "Company")

Clarification regarding FRC

The Company would like to clarify that Sports Direct itself is NOT the subject of an investigation by the FRC, which has jurisdiction over accounting firms and accounting professionals.

Sports Direct is a witness in an FRC investigation, details of which were made public by the FRC on 28 November 2016. This court application relates to the FRC's requests for the provision of certain documents.

Following the handing down of a judgement today in the High Court, Sports Direct obtained leave to appeal certain aspects of the judgement from the judge, and intends to appeal additional aspects of the judgement in due course.

Sports Direct International plc Cameron Olsen, Company Secretary LEI: 213800JEGHHEAXIJDX34	T. 0344 245 9200 E. [e-mail]
KBA PR                                  Keith Bishop	T. 0207 734 9995 E. [e-mail]

 

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