Transaction in Own Shares • Sep 2, 2019
Transaction in Own Shares
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National Storage Mechanism | Additional information
RNS Number : 9539K
Sports Direct International Plc
02 September 2019
Date: 2 September 2019
SPORTS DIRECT INTERNATIONAL PLC
("Sports Direct" or the "Company")
PURCHASE BY THE SPORTS DIRECT EMPLOYEE BENEFIT TRUST OF EMPLOYEE SHARES
On 30 August 2019, a total of 59,571 ordinary shares of 10 pence each in the Company ("Shares") were acquired by eight participants following the exercise of an award under the Company's share schemes. The 59,571 shares sold by the participants following exercise were acquired by Estera Trust (Jersey) Limited as Trustee of the Sports Direct Employee Benefit Trust (the "Trustee"), with the acquisition being funded by a loan advanced by the Company. The Shares were acquired at a price of 249.20 pence per Share (being an amount equal to the mid-market closing price of a Share on 30 August 2019) in an off-market transaction effected in Jersey. The Trustee has purchased these Shares in order to help meet future obligations arising under the Company's share schemes.
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| Sports Direct International plc Tom Piper, Company Secretary LEI: 213800JEGHHEAXIJDX34 |
T. 0344 245 9200 E. [email protected] |
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