13D Filing: Sports Direct International Plc and Finish Line Inc (NASDAQ:FINL)

Page 3 of 6 – SEC Filing

 

Item
1. Security and Issuer

 

Common
Stock

 

Finish
Line Inc

3308
North Mitthoeffer Road

Indianapolis,
IN 46235

 

Item
2. Identity and Background

 

Name:
Sports Direct International plc

Place
of organization: United Kingdom

Principal
business: Sports retailer and owner of sport, fashion and lifestyle brands

Address:
Sports Direct International plc, Unit A Brook Park East, Shirebrook NG20 8RY, United Kingdom

Convictions:
None

Judgments,
orders and decrees with respect to US federal or state securities laws: None

 

Item
3. Source and Amount of Funds or Other Consideration

 

The
economic interests in the shares of Common Stock of the Issuer (the “Shares”) were acquired pursuant to the contracts
for differences (“CFDs”) entered into with Monecor (London) Limited, trading as ETX Capital, (“ETX Capital”)
listed in Item 5 below. The source of funds for the acquisition of such interests is working capital.

 

Item
4. Purpose of Transaction.

 

The
purpose of the acquisition of the CFDs is for investment, consistent with other investments made by the Reporting Person in the
sector in which it operates. Depending on market conditions, including by reference to available volume and price volatility,
as well as other factors, the Reporting Person may take such further actions with respect to the Shares of the Issuer as it deems
appropriate. This may include, but is not limited to, purchasing additional interests in the Shares, selling some or all of its
interests in the Shares, engaging in any other transactions with respect to the Shares (in all cases whether directly or indirectly)
and/or making proposals to the Issuer with respect to changes to the assets, business operations, capitalization or corporate
structure of the Issuer. The Reporting Person does not expect to amend the Schedule 13D with respect to any such potential actions,
unless and until such time as required by applicable law.

 

Item
5. Interest in Securities of the Issuer

 

(a)
The Reporting Person has an indirect economic interest in 3,191,441 Shares, representing a 7.87% economic interest
in the Shares. Such interest is held through the CFDs with ETX Capital listed in paragraph (c) of this Item 5.

(b)
Pursuant to the CFDs, the Reporting Person does not have the power to vote or direct the vote, or power to dispose or direct the
disposition, of any of the Shares and, accordingly, beneficial ownership is disclaimed pursuant to Rule 13d-4.

(c)
The following table lists each of the purchases and sales by the Reporting Person of CFDs in respect of the Shares during the
past 60 days. Each of these CFDs were entered into with ETX Capital and provide that the parties will exchange the difference
in the value of the Shares at the time at which the contract is agreed and the time at which it is closed. There were no other
transactions effected by the Reporting Person in the Shares or other indirect interests in the Shares during this period.

 

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