Update on sale process (8598T)
13 December 2011 - 9:48PM
UK Regulatory
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RNS Number : 8598T
Blacks Leisure Group PLC
13 December 2011
Blacks Leisure Group plc
("Blacks Leisure")
Update on sale process
As previously announced, the Board of Blacks Leisure Group plc
(the "Board") has invited offers to support further investment in
the Group, which is most likely to involve a sale of the Company or
sale of one or more of the Group's brands. The Board notes the
recent press speculation and confirms that it has received an
expression of interest from Sports Direct International plc,
amongst a number of others, which may or may not lead to an offer
being made for the Company.
A further announcement will be made in due course, if
appropriate.
Enquiries:
Blacks Leisure Tel: 01604 597 222
Peter Williams
Citigate Dewe Rogerson Tel: 020 7638 9571
Simon Rigby
Kevin Smith
KPMG LLP Tel: 020 7311 1000
David McCorquodale
Singer Capital Markets Tel: 020 3205 7500
Ltd
Jonathan Marren
A copy of this document will be published on the Company's
website at www.blacksleisure.co.uk as soon as possible.
The Directors of Blacks Leisure Group plc, whose names are set
out above, accept responsibility for the information contained in
this document. To the best of the knowledge and belief of such
Directors (having taken all reasonable care to ensure that such is
the case), the information contained herein is in accordance with
the facts and does not omit anything likely to affect the import of
such information.
KPMG Corporate Finance, a division of KPMG LLP which is
authorised and regulated by the Financial Services Authority for
investment business activities, is acting for Blacks Leisure as
financial adviser in relation to the formal sale process for Blacks
Leisure and is not acting for any other person in relation to such
sale . KPMG Corporate Finance will not be responsible to anyone
other than Blacks Leisure for providing the protections afforded to
its clients or for providing advice in relation to the contents of
this document or any possible offer for Blacks Leisure or
arrangement referred to herein.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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