Sports Direct International Plc TR-1: Major Interest in Shares (1092G)
May 24 2017 - 6:25AM
UK Regulatory
TIDMSPD
RNS Number : 1092G
Sports Direct International Plc
24 May 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or Sports Direct International
the underlying issuer plc
of existing shares to which
voting rights are
attached: (ii)
------------------------------------------------------------- ---------------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
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An acquisition or disposal of voting rights
---------------------------------------------------------------- ------------------------------
An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
---------------------------------------------------------------- ------------------------------
An event changing the breakdown of voting rights x
---------------------------------------------------------------- ------------------------------
Other (please
specify):
--------------------------------------------------------- ----- ------------------------------
3. Full name of person(s) MASH Holdings Limited
subject to the
notification obligation:
(iii)
----------------------------------------------------------- -----------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
----------------------------------------------------------- -----------------------------------
5. Date of the transaction 23 May 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- -----------------------------------
6. Date on which issuer 24 May 2017
notified:
----------------------------------------------------------- -----------------------------------
7. Threshold(s) that is/are From 58% to 59% (total direct
crossed or and indirect)
reached: (vi, vii)
----------------------------------------------------------- -----------------------------------
8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------- -------------------------------- ---------------------------------------------------------------------
Number Number Number Number of voting % of voting
of of of rights rights (x)
Shares Voting shares
Rights
------------- ---------------- -------------- -------------- --------------------------- ------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ------------ ------------ -------------- ------------- ------------ ----------- -----------
Ordinary
Shares of
10p each
GB00B1QH8P22 330,000,000 330,000,000 26,492,540 26,492,540 303,507,460 4.74% 54.28%
---------------- -------------- -------------- ------------- ------------ ----------- -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/converted.
--------------- ---------------- ------------------------------ ----------------------------- --------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of % of voting
financial price dates (xvii) Conversion voting rights rights (xix,
instrument period instrument xx)
(xviii) refers to
------------- -------------- ---------------- ---------------- --------------------------- ----------------------
Delta
------------- -------------- ---------------- ---------------- --------------------------- ----------- ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------- -------------------------------------------------------------------
330,000,000 59.02%
------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
------------------------------------------------------------------------
MASH Holdings Limited holds an interest in 26,492,540
ordinary shares of the issuer (representing 4.74% of
the voting rights of the issuer).
MASH Beta Limited, a controlled undertaking of MASH
Holdings Limited, holds an interest in 303,507,460 ordinary
shares of the issuer (representing 54.28% of the voting
rights of the issuer).
In aggregate, MASH Holdings Limited and MASH Beta Limited
hold interests in 330,000,000 ordinary shares of the
issuer (representing 59.02% of the voting rights of
the issuer).
MASH Holdings Limited is wholly owned by Mike Ashley.
Proxy Voting:
------------------------------------------------------------------------
10. Name of the proxy holder: N/A
-------------------------------------------------------- --------------
11. Number of voting rights proxy N/A
holder will cease to hold:
-------------------------------------------------------- --------------
12. Date on which proxy holder will N/A
cease to hold voting rights:
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13. Additional information: N/A
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14. Contact name: Justin Barnes
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15. Contact telephone number: 01737 231 340
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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