RNS Number : 0902O

JD Sports Fashion Plc

05 October 2021

JD Sports Fashion plc

Proposed Share Sub-division and Notice of General Meeting

JD Sports Fashion plc ("Company") announces that a notice (the "Notice") of a general meeting of the Company to be held at Edinburgh House, Hollinsbrook Way, Pilsworth, Bury, Lancashire BL9 8RR on 28 October 2021 at 1.00 p.m. ("General Meeting"), and an explanatory circular that describes a proposed share sub-division (the "Circular") will today be sent to shareholders.

The Board believes that the Company's share price has risen to a point where it is appropriate to recommend a sub-division of the Company's existing ordinary shares of 0.25 pence each ("Existing Ordinary Shares") into five new ordinary shares of 0.05 pence each ("New Ordinary Shares") (the "Share Sub-division"). The Share Sub-division will result in shareholders holding five New Ordinary Shares for each Existing Ordinary Share they held immediately prior to the Share Sub-division. The Board believes that the proposed sub-division would reduce the Company's share price to a level where smaller sized dealings in the shares would be more efficient and may improve the liquidity and marketability of the Company's shares.

The ticker for the New Ordinary Shares will be the same as the ticker for the Existing Ordinary Shares (JD).

A copy of the Circular and the accompanying form of proxy, along with the Notice, will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. In addition, the Circular and Notice will shortly be made available to view on the Company's website www.jdplc.com .

The expected timetable of events and key statistics are set out below.


JD Sports Fashion plc Tel: 0161 767 1000

Peter Cowgill, Executive Chairman

Neil Greenhalgh, Chief Financial Officer

Jennifer Iveson, Investor Relations

Siobhan Mawdsley, Company Secretary

MHP Communications Tel: 0203 128 8193

Andrew Jaques

Peter Hewer

Charles Hirst

Catherine Chapman

Expected timetable

Publication of the Circular                                 Tuesday 5 October 
Latest time and date for receipt of              1.00pm on Tuesday 26 October 
 proxy forms 
General Meeting                                 1.00pm on Thursday 28 October 
Last day for dealings in Existing Ordinary                  Friday 29 October 
Record date for the Share Sub-division            6.00pm on Friday 29 October 
 and disablement in CREST of the existing 
 ISIN for settlement 
Listing and Admission of the New Ordinary         8.00am on Monday 1 November 
 Shares expected to commence 
Expected date for crediting CREST accounts            On or soon after 8.00am 
 with New Ordinary Shares (where applicable)             on Monday 1 November 
Expected date by which certificates                     By Monday 15 November 
 in respect of New Ordinary Shares are 
 to be dispatched to certificated shareholders 

Key Statistics

Existing Ordinary Shares 
 Number of Existing Ordinary Shares of 0.25p each 
 in issue at the date of this document                      1,031,627,149 
ISIN code for Existing Ordinary Shares                       GB00BYX91H57 
SEDOL code for Existing Ordinary Shares                           BYX91H5 
New Ordinary Shares 
 Number of New Ordinary Shares of 0.05p each in issue 
 immediately following the Share Sub-division               5,158,135,745 
ISIN code for New Ordinary Shares                            GB00BM8Q5M07 
SEDOL code for New Ordinary Shares                                BM8Q5M0 

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(END) Dow Jones Newswires

October 05, 2021 08:45 ET (12:45 GMT)

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