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 Jun 2024 to Jul 2024 Click Here for more Jd Sports Fashion Charts.
Jd Sports Fashion (LSE:JD.)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Jd Sports Fashion Charts.