Business
Results of Secondary Placing in Applied Nutrition
JD Sports Fashion plc has sold 22,750,000 ordinary shares in Applied Nutrition plc at £2.15 per share, generating gross proceeds of approximately £49 million. This transaction represents 9.1 per cent. of Applied Nutrition's issued share capital, and JD Sports Fashion plc no longer holds an interest in the company. The placing is expected to close on a T+2 basis on April 20, 2026, with Peel Hunt LLP acting as the sole Bookrunner. Applied Nutrition plc is not a party to this placing and will not receive any proceeds. Disclaimer*
About this update from Applied Nutrition Plc
[{"type":"text","content":"\n\nNOT FOR PUBLICATION, RELEASE, TRANSMISSION, FORWARDING OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.\n \nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS OR AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AND UPON PUBLICATION OF THIS ANNOUNCEMENT BY A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \nPLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.\n16 April 2026\nRESULTS OF SECONDARY PLACING OF ORDINARY SHARES IN APPLIED NUTRITION PLC\n(\"APPLIED NUTRITION\" OR THE \"COMPANY\")\nJD Sports Fashion plc (the \"Selling Shareholder\"), announces that, further to the announcement released yesterday, it has agreed to sell a total of 22,750,000 ordinary shares of £0.0002 each in the Company (the \"Placing Shares\") at a price of £2.15 per Placing Share (the \"Placing\"). The Placing Shares in aggregate represent approximately 9.1 per cent. of the Company's issued share capital. As a result of the transaction, the Selling Shareholder no longer holds an interest in the Company.\nThe proceeds of the Placing are payable in cash on usual settlement terms, and closing of the Placing is expected to occur on a T+2 basis on 20 April 2026.\nGross proceeds from the Placing amount to approximately £49 million.\nPeel Hunt LLP acted as sole Bookrunner (\"Peel Hunt\" or the \"Bookrunner\") in respect of the Placing.\nThe Company is not party to the Placing and will not receive any proceeds from the Placing.\n\n\n\n\nENQUIRIES\n \n\n\n \n\n\n\n\nPeel Hunt LLP \n(Sole Bookrunner)\nDan Webster\nSohail Akbar\n\n\n+44 (0) 20 7418 8900\n \n\n\n\n\n \nIMPORTANT NOTICE...