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Press Speculation re CVA Proposals

22nd Mar 2011 09:55

RNS Number : 3817D
JJB Sports PLC
22 March 2011
 



 

 

JJB Sports plc

 

Press Speculation re CVA Proposals

 

22 March 2011 JJB Sports plc ("JJB" or the "Company") notes the recent rise in its share price and the press speculation relating to the CVA Proposals, details of which were announced on 3 March 2011, and the likelihood of approval of the CVA Proposals by creditors and shareholders at meetings proposed to be held at 11.00 a.m. and 2.00 p.m. respectively today.

 

The Company will not know the outcome of the meetings to consider, and if thought fit approve, the CVA Proposals until after voting has finished and the votes have been counted. The Company will announce the results of the meetings as soon as this information is available. The Company currently expects to release the results of the meetings later today.

 

END

 

 

JJB Sports plc 01942 221 400

Mike McTighe

Keith Jones

 

Maitland 020 7379 5151

Neil Bennett

Richard Farnsworth

 

 

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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