JD Sports Fashion Plc Statement Regarding Rule 19.6(c) (9356J)
April 16 2020 - 10:45AM
UK Regulatory
TIDMJD.
RNS Number : 9356J
JD Sports Fashion Plc
16 April 2020
THIS ANNOUNCEMENT IS BEING MADE PURSUANT TO RULE 19.6(C)(II) OF
THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") WHICH, INTER
ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE
END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER
PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE
COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS
FOR IMMEDIATE RELEASE
16 APRIL 2020
JD Sports Fashion plc ("JD")
RULE 19.6(C) POST-OFFER INTENTION STATEMENTS WITH REGARD TO
FOOTASYLUM PLC
On 18 March 2019 JD announced a recommended cash offer for
Footasylum plc ("FA") (the "Offer"). The Offer became wholly
unconditional on 12 April 2019.
The CMA is currently undertaking a Phase 2 review of the Offer
and consequently JD is prohibited from taking any action regarding
the integration of FA into JD.
Accordingly, JD has duly confirmed in writing to The Panel on
Takeovers and Mergers in accordance with the requirements of Rule
19.6(c) of the Code that JD has, for the reason set out above, (i)
not undertaken the strategic review of FA referred to in the Offer
announcement; and (ii) otherwise complied with the statements of
its intentions set out therein.
Enquiries:
JD Sports Fashion Plc Tel: 0161 767 1000
Peter Cowgill, Executive Chairman
Neil Greenhalgh, Chief Financial Officer
Jennifer Iveson, Investor Relations
Rothschild & Co Tel: 0161 827 3800
Andrew Thomas
MHP Communications Tel: 0203 128 8193
Andrew Jaques
Giles Robinson
Charles Hirst
Catherine Chapman
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
STREALLKFLAEEFA
(END) Dow Jones Newswires
April 16, 2020 10:45 ET (14:45 GMT)
Jd Sports Fashion (LSE:JD.)
Historical Stock Chart
From Aug 2024 to Sep 2024
Jd Sports Fashion (LSE:JD.)
Historical Stock Chart
From Sep 2023 to Sep 2024