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Portuguese, Portugal

"Everything was unanimously approved"

By Jornal Sporting
09 Jan, 2016

Bruno de Carvalho on the SAD shareholder and CCD holder meetings this week

Sporting Clube de Portugal – Futebol, SAD and club president Bruno de Carvalho proved satisfied with the result of the two General Assemblies held this week (SAD shareholders and Compulsory Convertible Debenture (CCD) holders).

“The General Assembly was quick, but it wasn't an easy day. Everything was unanimously approved by all banks and even the smallest debenture holder. These is still the opportunity to ask for conversation up until Friday, but we are happy because everything was unanimously approved and I believe that the banks will comply with the rest of the agreement", said Bruno de Carvalho at the end of the meetings.

In parallel, the Sporting president also shared his thoughts on Sunday's hosting of Sp. Braga: "I hope we don't make the mistakes we did last time, which actually was a good match with two good teams. Every match is important and we have to look at them all in the same way. That is the only way we will get to May with the objectives we want."

Statement

By Jornal Sporting
30 Dec, 2015

Sporting Clube de Portugal, Futebol SAD

SPORTING CLUBE DE PORTUGAL, Futebol SAD, under the terms of art. 248.º, n.º 1 of the Market Securities Code, announces the following:

1) A contract with NOS LUSOMUNDO AUDIOVISUAIS, S.A. for the concession of the following rights:

(i) Television broadcasting and multimedia for matches played at home by Sporting SAD's senior first team and the use of static advertising in Estádio José Alvalade for a period of 10 sports seasons beginning on the 1st of July 2018;

(ii) Transmission and distribution of the Sporting TV channel for a period of 12 sports seasons, beginning on the 1st of July 2017;

(iii) The right to be the team's main sponsor for a period of 12 and a half sports seasons, beginning on the 1st of January 2016.

2) With PPTV – Publicidade de Portugal e Televisão, S.A. an addition to the annual contract, revising the amounts paid for television broadcasting and multimedia for matches played at home by Sporting SAD's senior first team and the ue of static publicity in Estádio José Alvalade for the 2015-2016, 2016-2017 and 2017-2018 seasons.

The financial considerations resulting from these contracts, including the 2015-2016, 2016-2017 and 2017-18 seasons, total €515,000,000.

Lisbon, 29th of December 2015

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