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STATEMENT REGARDING DEBENHAMS PLC

2nd Mar 2018 10:39

RNS Number : 5317G
Sports Direct International Plc
02 March 2018
 

Date: 02 March 2018

SPORTS DIRECT INTERNATIONAL PLC ("Sports Direct" or "the Company")

 

STATEMENT REGARDING DEBENHAMS PLC

 

Sports Direct is pleased to confirm that the Company has increased its total holdings in Debenhams plc to 29.70%, as per today's announcement by Debenhams.

 

Liam Rowley, Head of Strategic Investments at Sports Direct, commented: "We see huge value for both companies in a strategic partnership between Debenhams and Sports Direct.

 

"There are obvious synergies that can be achieved through the integration of our respective web operations. We also see opportunities to work together internationally.

 

"Importantly, there is scope for greater collaboration in the UK in order to roll out an elevated offering to consumers. We believe Sports Direct can complement Debenhams very well across the spectrum."

 

 

Ends.

 

Sports Direct International plc

Cameron Olsen, Company Secretary

LEI: 213800JEGHHEAXIJDX34

 

T. 0344 245 9200

E. [email protected]

 

KBA PR

Keith Bishop

 

T. 0207 734 9995

E. [email protected]

 

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