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

 

UNITED
STATES

SECURITIES
AND EXCHANGE COMMISSION

Washington,
D.C. 20549

 

SCHEDULE
13D

(Rule
13d-101)

Under
the Securities Exchange Act of 1934

 

FINISH
LINE INC

(Name
of Issuer)

 

Common
Stock

(Title
of Class of Securities)

 

317923100

(CUSIP
Number)

 

Cameron
Olsen

Unit
A, Brook Park East

Shirebrook

NG20
8RY

United
Kingdom

+44
845 1299 289

(Name,
Address and Telephone Number of Person Authorized

to
Receive Notices and Communications)

 

April
6, 2017

(Date
of Event Which Requires Filing of this Statement)

 

If
the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule
13D, and is filing this schedule because of §240.13d-1(e), §240.13d-1(f) or §240.13d-1(g), check the following
box:   ¨

 

Note:
Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7
for other parties to whom copies are to be sent.

  

The
information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section
18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).

 

 

  

CUSIP No. 317923100

 

1	NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON   Sports Direct International plc
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) þ
3	SEC USE ONLY
4	SOURCE OF FUNDS   WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6	CITIZENSHIP OR PLACE OF ORGANIZATION    United Kingdom
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	7	SOLE VOTING POWER    *
	8	SHARED VOTING POWER   *
	9	SOLE DISPOSITIVE POWER    *
	10	SHARED DISPOSITIVE POWER   *
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   3,191,441*
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)   7.9%*
14	TYPE OF REPORTING PERSON   CO

 

 

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.

 

  

Date of transaction		Type of transaction		Number of Shares subject to the CFD				Price per Share at the time CFD agreed (USD)
30 March 2017		Purchase			202,861				14.27
30 March 2017		Purchase			177,000				14.20
31 March 2017		Purchase			342,396				14.20
03 April 2017		Purchase			459,696				14.14
04 April 2017		Purchase			415,014				14.29
05 April 2017		Purchase			420,000				14.25
06 April 2017		Purchase			56,450				14.41
07 April 2017		Purchase			1,550				14.42
10 April 2017		Purchase			154,000				14.38
11 April 2017		Purchase			58,800				14.33
12 April 2017		Purchase			350,000				14.40
13 April 2017		Purchase			553,674				14.39

 

(d)
Not known.

(e)
Not applicable.

 

Item
6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

 

None

 

 

Item
7. Material to be Filed as Exhibits.

   

None

 

  

SIGNATURE

 

After
reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, such person hereby certifies that
the information set forth in this statement is true, complete and correct.

 

Dated:
April 14, 2017

 

	Sports Direct International plc
	By:	/s/ Cameron Olsen
		Name: Cameron Olsen
		Title: Company Secretary