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

 

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