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BRIEF-Sports Direct proposes share award scheme for Mike Ashley
March 11, 2014 / 7:15 AM / 4 years ago

BRIEF-Sports Direct proposes share award scheme for Mike Ashley

March 11 (Reuters) - Sports Direct International PLC : * Convening of general meeting on Friday, 4 April * To seek shareholder approval for the implementation of the supplemental

executive bonus share scheme * Board convinced that Mike Ashley should be eligible to participate in

incentivisation arrangements * Proposes grant to Ashley of nil-cost options over 8 million shares, 1.3

percent of co’s equity * Grant of nil-cost options would be conditional upon the achievement by the company of EBITDA

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