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CVA First Effective Date

23rd Mar 2011 17:29

RNS Number : 5171D
JJB Sports PLC
23 March 2011
 



 

23 March 2011

 

 

JJB Sports plc

 

Company Voluntary Arrangements: First Effective Date

 

 

On 22 March 2011, JJB Sports plc ("JJB" or the "Company") announced that meetings to consider the company voluntary arrangements (the "CVA Proposals") proposed by the directors of the Company and its wholly owned subsidiary, Blane Leisure Limited ("Blane") had been held and at those meetings the CVA Proposals were approved without modification by the requisite majorities of creditors and members.

 

The Chairman of the meetings has today lodged the necessary reports of the meetings with the relevant courts and therefore under the terms of the CVA Proposals, the First Effective Date has now occurred.

 

For further information, please contact:

 

JJB Sports plc 01942 221 400

Mike McTighe

Keith Jones

 

Maitland 020 7379 5151

Neil Bennett

Richard Farnsworth

 

KPMG 020 7694 8527

Sorrelle Cooper

 

 

About JJB Sports

JJB Sports plc (JJB: LSE) is one of the UK's leading sports retailers. The Group, headquartered in Wigan and today listed on the Main Market of the London Stock Exchange, currently trades from 246 JJB branded retail stores in the UK and Ireland and employs over 6,100 people. Further information about the Group can be found on the Group's corporate website, www.jjbcorporate.co.uk.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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