Edition:
United Kingdom

Sports Direct International PLC (SPD.L)

SPD.L on London Stock Exchange

401.40GBp
19 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Sports Direct Says It Holds 8.9% Stake In Iconix Brand Group, 19.3% Stake In Finish Line
Monday, 30 Apr 2018 

April 30 (Reuters) - Sports Direct International PLC ::NOW HOLDS FOLLOWING ECONOMIC INTERESTS IN US STRATEGIC INVESTMENTS.5,664,115 SHARES IN ICONIX BRAND GROUP INC, REPRESENTING 8.9% OF ISSUED COMMON STOCK.7,957,800 SHARES IN FINISH LINE INC, REPRESENTING 19.3% OF ISSUED COMMON STOCK OF THAT COMPANY.  Full Article

Debenhams says Sports Direct supportive of strategy
Thursday, 19 Apr 2018 

April 19 (Reuters) - Debenhams ::CFO SAYS RESIGNATION HAS NOTHING TO DO WITH CONFIDENCE IN TURNAROUND PLAN - "IT'S A GOOD PLAN".CEO SAYS SPORTS DIRECT <<>>/MIKE ASHLEY SUPPORTIVE OF STRATEGY.SHARES DOWN 8 PERCENT AFTER H1 PROFIT SLUMP, DIVIDEND CUT, NEW FY WARNING.  Full Article

Sports Direct International ‍enters into credit facility of up to 907.5 mln pounds​
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Sports Direct International Plc :‍ENTERED INTO A NEW REVOLVING CREDIT FACILITY WHICH REPLACES ITS EXISTING FACILITY​.‍RCF, VALID FOR FOUR YEARS (WITH A ONE YEAR EXTENSION OPTION), TO PROVIDE GROUP WITH ACCESS TO BORROWINGS OF UP TO 907.5 MILLION POUNDS​.‍ANTICIPATES THAT IT IS LIKELY TO SEEK VIA AN ACCORDION ARRANGEMENT TO INCREASE FACILITY TO ABOUT 1 BILLION POUNDS.  Full Article

Sports Direct founder says worker's representative to be on board
Tuesday, 6 Sep 2016 

Sports Direct International Plc : Founder Mike Ashley will be making a video statement outlining recommendation post working practices report .Recommends that in future there needs to be a worker's representative appointed to board to represent workers.  Full Article

L&G's fund arm says to vote against Sports Direct board
Thursday, 25 Aug 2016 

Sports Direct International Plc : Legal & General Investment Management, the fund arm of insurer Legal & General, says to oppose the re-election of Sports Direct Chairman Keith Hellawell for third consecutive year at firm's Sept. 7 annual general meeting. . To oppose re-election of all non-executive directors. . To support shareholder resolution calling for an independent review of labour practices at firm. .LGIM is the number 11 shareholder in Sports Direct with a 1.02 pct stake on Aug. 1, 2016, according to Thomson Reuters Eikon..  Full Article

Investor Forum calls for independent review of Sports Direct
Thursday, 25 Aug 2016 

Investor Forum: Investor forum calls on Sports Direct to commit to a fully independent review of entire governance practices . Recently announced external board evaluation fails to reflect the breadth and magnitude of reform that is required . The narrow benchmarking exercise of employment practices is being carried out by RPC solicitors, who SDI has a pre-existing relationship with, and therefore will not be independent . Recent developments demonstrate continued reluctance on part of board to act in line with views of independent shareholders .Calls to launch independent review of co’s governance framework at agm on Sept. 7, commit to implement the recommendations of that review.  Full Article

Sports Direct International PLC reports 5.5 pct stake in Performance Sports Group
Wednesday, 17 Aug 2016 

: Sports Direct International PLC reports 5.5 pct stake in Performance Sports Group Ltd as of August 15, 2016 - SEC filing Source - http://bit.ly/2byMnnS Further company coverage: [PSG.TO] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Findel board decides against naming Sport Direct's Mike Ashley as chairman
Friday, 29 Jul 2016 

Findel Plc :Board has decided not to appoint Mike Ashley as chairman.  Full Article

Sports Direct says to buyback upto 29.9 mln shares
Thursday, 28 Jul 2016 

Sports Direct International Plc : Share buyback .Buyback will be for up to a maximum of 29.9 million ordinary shares, representing about 5 pct of issued share capital.  Full Article

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House of Fraser shareholder Sports Direct sues over business plan

LONDON A minority shareholder of Britain's House of Fraser, Sports Direct , is suing the department store chain to gain access to its business plan, after House of Fraser announced a major restructuring this week.