Sports Direct International PLC (LON:SPD)

Sports Direct International PLC (LON:SPD)


Share Price
234.40 p
Change
-1.4 (-0.59 %)
Market Cap
£1,250.66 m
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Sports Direct International PLC RNS Release

PUBLIC OPENING POSITION DISCLOSURE


RNS Number : 6416C
GAME Digital PLC
18 June 2019
 

FORM 8 (OPD)

 

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

 

1.         KEY INFORMATION

 

(a) Full name of discloser:

GAME Digital plc 

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

     The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.

N/A

 

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

  Use a separate form for each offeror/offeree

GAME Digital plc

(d) Is the discloser the offeror or the offeree?

Offeree

(e) Date position held:

  The latest practicable date prior to the disclosure

17 June 2019

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? 

  If it is a cash offer or possible cash offer, state "N/A"

N/A

 

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

 

Class of relevant security:

 

Ordinary shares of £0.01 each (ISIN: GB00BMP36W19)

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

Nil

Nil

Nil

Nil

(2) Cash-settled derivatives:

 

Nil

Nil

Nil

Nil

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

Nil

Nil

Nil

Nil

 

    TOTAL:

Nil

Nil

Nil

Nil

 

All interests and all short positions should be disclosed.                

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).  

 

(b)        Rights to subscribe for new securities

 

Class of relevant security in relation to which subscription right exists:

None

Details, including nature of the rights concerned and relevant percentages:

None

 

 

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

 

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

 

(A)        Holdings of ordinary shares of £0.01 each in the capital of GAME Digital plc

 

Class of relevant security:

Ordinary shares of £0.01 each (ISIN: GB00BMP36W19)


Name

Number

%

Martyn Gibbs

1,459,911

0.84%

Computershare Nominees (Channel Islands) Limited as trustee of the GAME Digital plc Employee Benefit Trust

42,554

0.02%

Computershare Trustees Limited as trustee of GAME Digital plc Share Incentive Plan Trust

146,660

0.08%

Total

                  1,649,125

0.94%

 

 

(B)        Directors' options over ordinary shares of £0.01 each in the capital of GAME Digital plc granted under the company's share schemes

 

Name

Share scheme

Date of grant

Vesting date

Expiration date

Exercise price

Number

Martyn Gibbs

GAME Digital plc Performance Share Plan

20.10.2016

20.10.2019

20.10.2022

Nil

830,871

Martyn Gibbs

GAME Digital plc Performance Share Plan

22.11.2017

22.11.2020

22.11.2023

Nil

1,125,000

Martyn Gibbs

GAME Digital plc Performance Share Plan

15.11.2018

15.11.2021

15.11.2024

Nil

2,009,646

Ray Kavanagh

GAME Digital plc Performance Share Plan

15.11.2018

15.11.2021

15.11.2024

Nil

884,244

 

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).  

 

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).  

 

4.         OTHER INFORMATION

 

(a)        Indemnity and other dealing arrangements

 

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by

the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

 

None

 

 

(b)        Agreements, arrangements or understandings relating to options or derivatives

 

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i)  the voting rights of any relevant securities under any option; or 

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

 

 

(c)        Attachments

 

Are any Supplemental Forms attached?

 

Supplemental Form 8 (Open Positions)

No

Supplemental Form 8 (SBL)

No

 

 

4.

Date of disclosure:

18 June 2019

5.

Contact name:

Ruth Cartwright

6.

Telephone number:

+44 (0) 1256 78 4000

 

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

 


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 [email protected] or visit www.rns.com.
 
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