(BSLA) Blacks Leisure
Summary
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| 11-01-12 | RNS |
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RNS Number : 3299V Official List 11 January 2012 NOTICE OF CANCELLATION OF LISTING FROM THE OFFICIAL LIST
11/01/2012 8:00am
CANCELLATION
BLACKS LEISURE GROUP PLC
The Financial Services Authority ("the FSA") cancels the securities set out below from the Official List effective from 11/01/2012 8:00am at the request of the company:
This notice has been issued by Listing Applications - 0207 066 8333 Option 3.
Notes
- Notices issued by the FSA in respect of cancellation of securities from the Official List must be read in conjunction with notices issued by the relevant Recognised Investment Exchange.
● Denotes the security is also being cancelled from trading on the London Stock Exchange, a recognised Investment Exchange. - SEDOL numbers which are allocated by the London Stock Exchange as a Stock Exchange identifier may be found on their dealing notice.
† Denotes the security is also being cancelled from trading on PLUS Markets Group, a recognised Investment Exchange.
# Denotes the security is also being cancelled from trading on NYSE Euronext London, a recognised Investment Exchange. This information is provided by RNS The company news service from the London Stock Exchange More |
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| 10-01-12 | RNS |
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RNS Number : 3287V Blacks Leisure Group PLC 10 January 2012 Blacks Leisure Group plc ("Blacks Leisure" or the "Company" or, together with its subsidiaries, the "Group") Cancellation of ordinary shares and preference shares
Further to the Company's announcement on 9 January 2012, the Company confirms that application has been made for all of the Company's ordinary shares and preference shares to be removed from the Official List and from trading on the London Stock Exchange's main market for listed securities, which is expected to take place with effect from 11 January 2012.
Enquiries:
A copy of this document will be published on the Company's website at www.blacksleisure.co.uk as soon as possible.
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 10-01-12 | RNS |
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RNS Number : 2756V Sports Direct International Plc 10 January 2012 10 January 2012
Sports Direct International plc
Statement re: Blacks Leisure Group plc ("Blacks")
Sports Direct notes the announcement yesterday from Blacks Leisure Group plc in relation to the appointment of administrators and sale of the business. This is disappointing in particular given the dismissal of Sports Direct's Offer for the business at 62p a share back in 2010. Our Offer was turned down by a previous Board of the Company as being "wholly inadequate". The total share value written off amounts to £52.6 million (£45.4 million for previous financial years and £7.2 million in the current year). However despite this it is important to note that this will have no impact on our previous guidance for the business achieving our underlying EBITDA Bonus Share Scheme target. Even before yesterday's announcement by Blacks, it had become clear that there was no value left in the Blacks shares that we held.
During the asset sale process run by KPMG Sports Direct has looked closely at the Blacks business, always in the best interests of our shareholders. However, given supplier relationship issues that remain, such as The North Face who were not prepared to respond to our approaches, we could not justify a higher price for the Blacks business.
Going forward we would urge the OFT to look closely at both the Outdoor and Sports retail markets to ensure they operate in the best interests of the consumer.
For further information, please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 09-01-12 | RNS |
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RNS Number : 2423V Blacks Leisure Group PLC 09 January 2012 Blacks Leisure Group plc ("Blacks Leisure" or the "Company" or, together with its subsidiaries, the "Group") Appointment of administrators and sale of the business
Following receipt of final offers for the business and assets of the Group and the suspension of the Company's ordinary shares on 5 January 2012, the Company confirms the appointment today of Brian Green, Richard Fleming and David Costley-Wood, partners of KPMG LLP, as administrators to the Company and The Outdoor Group Limited and of Brian Green and David Costley-Wood as administrators of certain of its subsidiaries. The Company also announces completion today of the sale by the administrators of substantially all of the trade, assets and brands of the Group to a wholly owned subsidiary of JD Sports Fashion plc for a total cash consideration of £20m.
The net proceeds of the sale will be used to repay the Company's outstanding debt to its lender, Bank of Scotland plc. As previously announced, there will therefore be no value attributable to the Company's ordinary shares.
Application has been made for all the Company's ordinary shares to be removed from the Official List and from trading on the London Stock Exchange's main market for listed securities, which is expected to take place with effect from 10 January 2012.
Enquiries:
A copy of this document will be published on the Company's website at www.blacksleisure.co.uk as soon as possible.
This information is provided by RNS The company news service from the London Stock Exchange More |
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| Result Pages: 1 | ||||
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JD confirms £20m Blacks deal
9th January 2012 |
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| 07-01-12 | ||||
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JD Sports £20m move for Blacks Leisure will safeguard thousands of jobs as administration threat subsides
Mike Ashley missed out in the final round of bidding for Blacks Leisure. The Scotsman Saturday 7 January 2012 http://bit.ly/waqo81 |
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| 07-01-12 | ||||
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JD Sports set to snap up ailing Blacks after it goes into administration
JAMES THOMPSON SATURDAY 07 JANUARY 2012 http://ind.pn/AyYlMQ James Moore: Blacks was let down by past management JAMES MOORE SATURDAY 07 JANUARY 2012 http://ind.pn/y5Gzt3 |
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