GOAL.L

Goals Soccer Centres Plc
Goals Soccer Centres - Response to Sports Direct International plc
19th June 2019, 12:01
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 7890C
Goals Soccer Centres PLC
19 June 2019
 

Goals Soccer Centres PLC

("Goals" or the "Company")

Response to Sports Direct International plc

The Company received a letter on 14 June 2019 from Sports Direct International plc ("Sports Direct"), a substantial shareholder in the Company.

The Company responded directly to Sports Direct on the matters raised in their letter on 18 June 2019.

As previously announced, the Company has engaged forensic accountants to analyse historical accounting errors and policies. The Company has also appointed other independent advisors to assist it in examining its historic treatment of VAT as well as its ongoing discussions with HMRC. Finally, as announced on 18 June 2019, the Company is in the process of engaging Deloitte LLP to work alongside its current advisors and its lenders in assessing its future corporate options. The Board believes that it does not need to appoint further advisors at this time.

The Company is committed to making announcements for all shareholders in due course as the results of its investigation become known.

19 June 2019

 

Enquiries

Goals Soccer Centres plc

Michael Bolingbroke, Chairman

Andy Anson, Chief Executive Officer

01355 234 800

Canaccord Genuity Limited (Nominated Adviser and Broker)

Chris Connors

Bobbie Hilliam

Richard Andrews

020 7523 8350

Instinctif Partners                                                                                           

Matthew Smallwood

Andy Low

020 7457 2020

 

 

 

 

 

 

 


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 rns@lseg.com or visit www.rns.com.
 
END
 
 
DOCSFAFFUFUSEIM ]]>
TwitterFacebookLinkedIn