Shirebrook, UK, 2017-Jul-13 — /EPR Retail News/ — 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.
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
Source: Sports Direct International