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Holding(s) in Company

17th Mar 2010 15:53

RNS Number : 7489I
JD Sports Fashion Plc
17 March 2010
 



 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

JD Sports Fashion plc

 

2 Reason for the notification (please tick the appropriate box or boxes):

 

An acquisition or disposal of voting rights

X

 

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify):

 

3. Full name of person(s) subject to the notification obligation:

 

Sportsdirect.com Retail Limited

4. Full name of shareholder(s) (if different from 3.):

 

5. Date of the transaction and date on which the threshold is crossed or reached:

 

16.03.2010

6. Date on which issuer notified:

 

16.03.2010

7. Threshold(s) that is/are crossed or reached:

 

12%

 

8. Notified details:

A: Voting rights attached to shares

 

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary shares

6,475,255

13.3%

5,775,255

11.87%

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

 

% of voting rights

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

 

Nominal

Delta

 

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

5,775,255

11.87%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

 

 

 

Proxy Voting:

 

10. Name of the proxy holder:

 

11. Number of voting rights proxy holder will cease to hold:

 

12. Date on which proxy holder will cease to hold voting rights:

 

 

13. Additional information:

 

On 12 March 2010, Sportsdirect.com Retail Limited ("SRL") called for a re-purchase of 700,000 JD Sports Fashion plc ("JD") shares which are subject to an uncommitted facility repurchase transaction which was made under the terms of a Global Master Repurchase Agreement (the "Repo Agreement") entered into with Kaupthing Singer & Friedlander Limited (in administration) ("KSF"). As KSF did not deliver these 700,000 JD shares to SRL on 15 March 2010 when delivery was requested pursuant to the Repo Agreement SRL relinquished any rights it may have had in these JD shares under the Repo Agreement, without prejudice to its other rights, on 16 March 2010.

 

SRL is a wholly owned subsidiary of Sports Direct International plc.

14. Contact name:

 

Michael Oliver

15. Contact telephone number:

 

0870 838 7371

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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Related Shares:

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