Frasers Group PLC — Regulatory Filings 2018

Mar 2, 2018

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

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

NRAFKBDNKBKDQNK