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Sports Direct shareholders approve Mike Ashley directorship

Written by on 11/09/2019

Shareholders in Mike Ashley’s Sports Direct International retail empire have voted overwhelmingly in favour of his re-election as a director of the company.

The company said that 90.99% of votes cast at the annual general meeting (AGM) on Wednesday were for his continued directorship, while 9% of shareholders voted against.

Mr Ashley owns around 62% of the high street giant.

In the last 15 months, Mr Ashley has presided over Sport Direct’s own high street shopping spree, in which it has taken over a number of retail chains including House of Fraser, Evans Cycles, Game Digital, Sofa.com and, most recently, Jack Wills.

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 Sky News

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