WITHDRAWAL OF POSSIBLE OFFER FOR BLACKS LEISURE

RNS Number : 1056U

Sports Direct International Plc

16 December 2011

 



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

16 December 2011

FOR IMMEDIATE RELEASE

WITHDRAWAL OF POSSIBLE OFFER FOR BLACKS LEISURE

On 13 December 2011, Blacks Leisure Group plc ("Blacks Leisure") announced that it had received an expression of interest from Sports Direct International plc ("Sports Direct"), amongst a number of others, which may or may not lead to an offer being made for Blacks Leisure.

On 13 December 2011, Sports Direct announced that there could be no certainty that it would make an offer for Blacks Leisure, nor as to the terms on which any such offer might be made.

Further to these announcements and after careful consideration, notwithstanding that Sports Direct remains a committed and supportive shareholder of Blacks Leisure, Sports Direct has decided not to proceed with an offer for Blacks Leisure.

For further information, please contact:

Sports Direct International plc Dave Forsey, Chief Executive Bob Mellors, Group Finance Director	T. 0845 129 9229
FTI Consulting Jonathon Brill Caroline Stewart Alex Beagley	T. 0207 831 3113

This announcement is made in accordance with Rule 2.8 of the Code.

This announcement is not intended to, and does not, constitute or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities.  This announcement has been prepared in accordance with English law and the Code, and information disclosed may not be the same as that which would have been prepared in accordance with laws outside of the United Kingdom.

The distribution of this announcement in jurisdictions outside of the United Kingdom may be restricted by law, and therefore persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.  Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.

 

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