Edition:
United Kingdom

Sports Direct International PLC (SPD.L)

SPD.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Sports Direct Discloses 39.39% Stake Vs Earlier Stake Of 38.49% In Game Digital As Of July 19 - Filing
Tuesday, 23 Jul 2019 

July 23 (Reuters) - GAME Digital PLC ::SPORTS DIRECT INTERNATIONAL PLC DISCLOSES 39.39% STAKE VERSUS EARLIER STAKE OF 38.49% IN GAME DIGITAL PLC AS OF JULY 19 - FILING.  Full Article

Coltrane Asset Management Discloses Stake Of 3.29% In Sports Direct As Of July 11
Monday, 15 Jul 2019 

July 15 (Reuters) - Sports Direct International PLC ::COLTRANE ASSET MANAGEMENT DISCLOSES STAKE OF 3.29% IN SPORTS DIRECT INTERNATIONAL PLC AS OF JULY 11- FILING.  Full Article

Sports Direct Received Valid Acceptances Of Offer In Respect Of 27.4 Mln Game Shares
Tuesday, 9 Jul 2019 

July 9 (Reuters) - SPORTS DIRECT::SPORTS DIRECT INTL. GAME DIGITAL PLC - OFFER UPDATE RE GAME DIGITAL PLC.SPORTS DIRECT - AS ON 8 JULY SPORTS DIRECT HAD RECEIVED VALID ACCEPTANCES OF OFFER IN RESPECT OF A TOTAL OF 27.4 MILLION GAME SHARES.SPORTS DIRECT - VALID ACCEPTANCES RECEIVED FOR OFFER REPRESENTS ABOUT 15.82% OF GAME'S EXISTING ISSUED SHARE CAPITAL.  Full Article

Debenhams, M&G Real Estate To Withdraw Court Action Related To Debenhams' CVAs
Monday, 8 Jul 2019 

July 8 (Reuters) - Debenhams ::CVA UPDATE.CVA PROPOSALS RECEIVED SUPPORT OF VAST MAJORITY OF COMPANY'S CREDITORS.M&G REAL ESTATE, CO CONFIRM HAVE RESOLVED CONCERNS, AGREED TO WITHDRAW COURT ACTION RELATED TO DEBENHAMS' CVAS.A CHALLENGE TO CVAS FROM SPORTS DIRECT AND COMBINED PROPERTY CONTROL REMAINS OUTSTANDING.97% AND 94% OF CREDITORS RESPECTIVELY VOTING IN FAVOUR OF TWO CVA PROPOSALS, INCLUDING OVER 80% OF LANDLORDS IN EACH CAS.CVAS TO BENEFIT ALL DEBENHAMS' STAKEHOLDERS; IT IS A VITAL STEP IN PRESERVING AS MANY AS POSSIBLE OF JOBS OF 25,000 PEOPLE WHO WORK FOR CO."CONTINUE TO MAKE GOOD PROGRESS WITH COMPANY'S RESTRUCTURING PLANS".CHALLENGE TO CVAS FROM SPORTS DIRECT AND COMBINED PROPERTY CONTROL IS "COMPLETELY WITHOUT MERIT AND SHOULD BE DISMISSED".CALLS ON SPORTS DIRECT & CPC TO WITHDRAW THEIR CHALLENGE TO CVAS, SAYS "IF THEY DO NOT, WE WILL SEEK TO HAVE IT THROWN OUT".  Full Article

Sports Direct Says Got Acceptances From 0.98% Of Findel's Share Capital On Takeover Offer
Wednesday, 24 Apr 2019 

April 24 (Reuters) - Sports Direct::LEVEL OF ACCEPTANCES & FURTHER EXTENSION OF OFFER.AS ON 24 APRIL, GOT VALID ACCEPTANCES OF OFFER IN RESPECT OF A TOTAL OF 853,762 FINDEL SHARES OR ABOUT 0.98% OF FINDEL'S SHARE CAPITAL.  Full Article

Debenhams Rejects Sports Direct's 200 Mln Stg Rights Issue Proposal, To Enter Administration
Tuesday, 9 Apr 2019 

April 9 (Reuters) - Debenhams Plc ::DEBENHAMS PLC - UPDATE ON REFINANCING DISCUSSIONS.COMPANY IS IN DISCUSSIONS WITH ITS LENDERS REGARDING AVAILABILITY OF REMAINING FACILITIES THAT HAVE NOT YET BEEN DRAWN DOWN.CONFIRMS THAT IT RECEIVED A REVISED, HIGHLY-CONDITIONAL, PROPOSAL FROM SDI IN EARLY HOURS OF 9 APRIL.CONFIRMS RELEVANT MILESTONES RELATING TO A POTENTIAL TRANSACTION WITH SPORTS DIRECT INTERNATIONAL WERE NOT MET BY RELEVANT DEADLINE.PROPOSAL FROM SDI IN EARLY HOURS OF 9 APRIL INDICATED A WILLINGNESS OF SPORTS DIRECT TO UNDERWRITE AN EQUITY ISSUE OF £200 MILLION.LIKELY THAT FACILITIES WILL NOW ONLY BE AVAILABLE TO SUBSIDIARIES UPON TRANSFER OF THOSE UNITS INTO OWNERSHIP OF LENDER-APPROVED ENTITY.DEBENHAMS, ON 200 MILLION STG PROPOSAL FROM SDI, SAYS LENDERS CONFIRMED PROPOSAL WAS NOT SUFFICIENT TO JUSTIFY AN EXTENSION TO 8 APRIL DEADLINE.TRANSFER OF SUBSIDIARIES INTO OWNERSHIP OF LENDER-APPROVED ENTITY WOULD RESULT IN NO EQUITY VALUE FOR CO'S CURRENT SHAREHOLDERS.TRANSFER OF UNITS TO OWNERSHIP OF LENDER-APPROVED ENTITY WOULD RESULT IN NO DISRUPTION TO BUSINESS, CUSTOMERS, EMPLOYEES, PENSION HOLDERS.  Full Article

Sports Direct Considering Debenhams Announcement On Noteholder Consent
Friday, 29 Mar 2019 

March 29 (Reuters) - Sports Direct::SPORTS DIRECT INTL. DEBENHAMS PLC - STATEMENT REGARDING DEBENHAMS PLC.SPORTS DIRECT-AS TERMINATION OF DEBENHAMS NOTEHOLDER CONSENT PROCESS WAS WAIVABLE PRE-CONDITION IN PROPOSAL, CO IS CONSIDERING DEBENHAMS ANNOUNCEMENT.  Full Article

Sports Direct Says Offer For Debenhams' Magasin Represents Excess Of Fair Value
Monday, 25 Mar 2019 

March 25 (Reuters) - Sports Direct ::STATEMENT REGARDING RESPONSE FROM DEBENHAMS PLC.CONFIRMS OFFER THAT IT BELIEVES REPRESENTS EXCESS OF FAIR VALUE & ADDRESSES DEBENHAMS' IMMEDIATE LIQUIDITY CONCERNS MADE FOR MAGASIN.NOTES DID NOT RECEIVE RESPONSE TO INVITATION TO DEBENHAMS TO PROVIDE FURTHER DETAILS OF VALUATION SHOULD DEBENHAMS MAGASIN TO BE WORTH MORE."SPORTS DIRECT DOES NOT CONSIDER HOUSE OF FRASER TO BE A COMPETITOR OF DEBENHAMS".REPRESENTATIVES AND ADVISORS HAVE PARTICIPATED IN DISCUSSIONS WITH DEBENHAMS' ADVISORY GROUP.CANNOT BE SAID THAT DEBENHAMS HAS "ACTIVELY ENGAGED" IN DISCUSSIONS OR ARE OPEN TO ANY FORM OF ALTERNATIVE PROPOSAL FROM THIRD PARTY.  Full Article

Phoenix Asset Management Partners Raises Stake In Sports Direct International To 6.008 Pct From 5.094 Pct - Filing
Thursday, 14 Mar 2019 

March 14 (Reuters) - :PHOENIX ASSET MANAGEMENT PARTNERS RAISES STAKE IN SPORTS DIRECT INTERNATIONAL TO 6.008% FROM 5.094% - FILING.  Full Article

Debenhams Gets Notice From Sports Direct Proposing Changes To Board
Thursday, 7 Mar 2019 

March 7 (Reuters) - Debenhams PLC ::RECEIVED NOTICE FROM SPORTS DIRECT INTERNATIONAL PLC PROPOSING CHANGES TO THE BOARD."BOARD HAS BEEN ENGAGING WITH SPORTS DIRECT AND OUR OTHER STAKEHOLDERS AND IS DISAPPOINTED THAT SPORTS DIRECT HAS TAKEN THIS ACTION".REMAINS FOCUSED ON DELIVERING THE RESTRUCTURING OF ITS BALANCE SHEET, AND ITS DISCUSSIONS ARE WELL ADVANCED.  Full Article

UPDATE 1-UK Stocks-Factors to watch on July 23

July 23 Britain's FTSE 100 index is seen opening 27 points higher at 7,542 on Tuesday, according to financial bookmakers, with futures up 0.42% ahead of the cash market open.