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Office of Fair Trading Investigation

12th Aug 2011 07:00

RNS Number : 2474M
Sports Direct International Plc
12 August 2011
 



 

 

12 August 2011

 

Sports Direct International plc

 

Office of Fair Trading Investigation 

 Sports Direct International plc welcomes the decision by the Office of Fair Trading ("OFT") late on 11 August, which has confirmed that it has provisionally decided to close its investigation into alleged anti-competitive conduct in the sports retail sector.

In addition the OFT has confirmed that it expects to reach a final decision later this year.

 

Keith Hellawell, Chairman, commented:

 

"We welcome the announcement by the OFT. It is in line with Sports Direct's long held views on the investigation. It is also consistent with previous decisions taken by other regulatory bodies."

 

 

- END -

 

 

For further information, please contact:

 

Sports Direct International plc

Dave Forsey, Chief Executive

Bob Mellors, Group Finance Director

T. 0845 129 9229

 

Financial Dynamics

Jonathon Brill

Caroline Stewart

Alex Beagley

 

T. 0207 831 3113

 

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