22nd Jun 2007 14:41
Sports Direct International Plc22 June 2007 Sports Direct International Plc22 June 2007 Sports Direct International plc ('Sports Direct') notes today's statement byBlacks Leisure Group plc ('Blacks'). Sports Direct can confirm that it has discussed Blacks' potential disposal ofFreespirit. Sports Direct does not believe that it would be in the shareholdersof Blacks' interests for such a disposal to be made. Sports Direct believesthat Freespirit represents an excellent opportunity for Blacks to deliversustainable growth and that a sale process would create significant disruptionwithin this division and destroy substantial value. It also believes that theBoard of Blacks should be focussed on creating value for the business as awhole. It has, therefore, written to the Board of Blacks stating that it wasseriously considering requisitioning an Extraordinary General Meeting if adisposal of Freespirit is pursued. No such requisition, however, has yet beenmade. For further enquiries, please contact: Financial DynamicsAndrew Dowler/ Ben Foster 020 7831 3113 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Frasers Group