Statement re press comment

RNS Number : 3077J
Sports Direct International Plc
29 March 2010
 



29 March 2010

 

SPORTS DIRECT INTERNATIONAL PLC ("Sports Direct")

 

Statement re press comment

 

Sports Direct notes yesterday's press comment in relation to Blacks Leisure Group plc ("Blacks").

 

Sports Direct confirms that it approached the Blacks Board on 26 March and advised that it was seriously considering a material increase in the level of its indicative bid for Blacks. 

 

However, it also advised that it had become aware of indications to Blacks that some key suppliers would not supply Blacks if Sports Direct made a successful offer for Blacks.

 

In order for Sports Direct to determine the level of any increased offer, Sports Direct requested confirmation of, and the details underlying, any supplier indications to Blacks.   This information has not yet been provided by the Blacks Board.

 

Sports Direct continues to evaluate its position.

 

There can be no certainty that any offer will be forthcoming or as to the level of any offer.

 

- Ends -

 

Enquiries:

 

Oriel Securities

David Arch

Michael Shaw

James Nevin

 

+44 (0) 20 7710 7600

Financial Dynamics

Jonathon Brill

Caroline Stewart

Alex Beagley

 

+44 (0) 20 7831 3113

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
SPCKVLFLBXFXBBB
UK 100

Latest directors dealings