SPORTS DIRECT HOLDING IN GAME DIGITAL

Released : 13.07.2017 07:01

RNS Number : 9228K
GAME Digital PLC
13 July 2017
 

13 July 2017

 

SPORTS DIRECT INTERNATIONAL PLC HOLDING IN GAME DIGITAL PLC

 

GAME Digital plc ("GAME" or the "Group") has been informed that Sports Direct International plc ("Sports Direct") has acquired 44 million shares, equivalent to 25.75% of the share capital of the Group. 

GAME is aware that Sports Direct has taken significant strategic equity stakes in a number of retail and brand businesses across both the UK and USA, and is a leading retailer which partners with major global brands and suppliers. 

GAME is pleased that the strategic value of the group has been recognised by Sports Direct through this acquisition of a 25.75% stake. The Group looks forward to working collaboratively with Sports Direct to explore the clear opportunities that a constructive partnership and collaboration can deliver for all stakeholders in the gaming, live events and rapidly growing esports markets in which it operates.

 

- ENDS -

Enquiries:

GAME Digital plc (via Citigate)


Martyn Gibbs

Chief Executive Officer

Mark Gifford

Chief Financial Officer

James Staveley

Investor Relations & Corporate Development Director

Citigate Dewe Rogerson

+44 (0) 20 7638 9571

Grant Ringshaw

Jos Bieneman

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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