Speculation re Go Outdoors

RNS Number : 5769Q
JD Sports Fashion Plc
22 June 2020
 

22 June 2020

JD Sports Fashion Plc

Speculation re Go Outdoors

JD Sports Fashion Plc (the 'Group') notes the speculation with regards to the filing of a Notice of Intention to appoint Administrators ('Notice') at Go Outdoors ('Go').

 

The Group can confirm that it has considered a number of strategic options for Go and that Go's directors have lodged the Notice in Court. This Notice creates an immediate moratorium around the company and its property which lasts for ten business days. During this moratorium, Go's creditors cannot take legal action or continue with any existing legal proceedings against the company without the Court's permission.

 

Administrators have not yet been appointed and the Group will make no further comment at this time.

 

Enquiries:

 

JD Sports Fashion Plc

Tel:  0161 767 1775

Peter Cowgill, Executive Chairman

Neil Greenhalgh, Chief Financial Officer

Jennifer Iveson, Investor Relations




MHP Communications

Tel:  0203 128 8788

Andrew Jaques


Giles Robinson


Charles Hirst


Catherine Chapman


 


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