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Sports Direct International PLC (SPD.L)

SPD.L on London Stock Exchange

375.30GBp
19 Jan 2018
Change (% chg)

0.30 (+0.08%)
Prev Close
375.00
Open
374.40
Day's High
378.60
Day's Low
374.40
Volume
39,071
Avg. Vol
983,241
52-wk High
424.40
52-wk Low
272.97

Latest Key Developments (Source: Significant Developments)

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
Thursday, 18 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

Sports Direct says continues to assess impact of referendum
Friday, 24 Jun 2016 

Sports Direct International Plc : Company continues to assess impact of referendum and will update market further on announcement of results on 7 July . These factors are likely to impact purchases for which company is currently not hedged for FY17 period and beyond .Notes particular material changes to exchange rates, lack of transparency over rates in short to medium term..  Full Article

Sports Direct & Modell's are discussing a joint bid for bankrupt Sports Authority - CNBC, citing Dow Jones
Tuesday, 21 Jun 2016 

: Sports Direct & Modell's are discussing a joint bid for bankrupt Sports Authority - CNBC, citing Dow Jones Further company coverage: [SPD.L] (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

Philip Green says criticism of him "wholly unbalanced and unfair"
Wednesday, 15 Jun 2016 

: Philip Green says criticism of him "wholly unbalanced and unfair" . Philip Green says Dominic Chappell should have done CVA for BHS in June 2015, not March 2016 .Philip Green says considered buying back BHS days before it went into administration.  Full Article

UK's JD Sports sees annual profit ahead of market estimate

Jan 16 JD Sports Fashion Plc, Britain's largest sportswear retailer by market value, said on Tuesday it expects annual pretax profit ahead of market expectations on strong trading in the second half of the year, including the key Christmas period.