TR-1: Major Interest in Shares

RNS Number : 1092G
Sports Direct International Plc
24 May 2017
 


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

Sports Direct International plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights


An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights

x

Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

MASH Holdings Limited

4. Full name of shareholder(s)
 (if different from 3.):iv


5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

23 May 2017

6. Date on which issuer notified:

24 May 2017

7. Threshold(s) that is/are crossed or
reached:
vi, vii

From 58% to 59% (total direct and indirect)



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares of 10p each

GB00B1QH8P22

330,000,000

330,000,000

26,492,540

26,492,540

303,507,460

4.74%

54.28%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration dates xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 







Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

330,000,000

59.02%

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

MASH Holdings Limited holds an interest in 26,492,540 ordinary shares of the issuer (representing 4.74% of the voting rights of the issuer). 

MASH Beta Limited, a controlled undertaking of MASH Holdings Limited, holds an interest in 303,507,460 ordinary shares of the issuer (representing 54.28% of the voting rights of the issuer).

In aggregate, MASH Holdings Limited and MASH Beta Limited hold interests in 330,000,000 ordinary shares of the issuer (representing 59.02% of the voting rights of the issuer).

MASH Holdings Limited is wholly owned by Mike Ashley.


Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A



13. Additional information:

 

N/A

14. Contact name:

Justin Barnes

15. Contact telephone number:

01737 231 340

 


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