Frasers Group PLC Hugo Boss Investment
31 Maggio 2024 - 8:00AM
RNS Regulatory News
RNS Number : 5477Q
Frasers Group PLC
31 May 2024
Date: 31 May
2024
FRASERS
GROUP PLC ("Frasers Group" or "the Company")
STRATEGIC
INVESTMENT IN HUGO BOSS AG ("Hugo Boss")
Frasers Group is pleased to announce
that it has recently increased its investment in Hugo Boss, and now
has the following interests in common
stock:
·
1,740,161 shares of common stock, representing
2.47% of Hugo Boss's total share capital
· 9,797,500
shares of common stock via the sale of put options,
representing 13.92% of Hugo Boss's total
share capital
After taking into account the net
premium it will receive, Frasers Group's maximum aggregate exposure
in connection with its net acquired interests in Hugo Boss, with
the common stock holding valued at the closing share price on 29
May 2024, is
approximately €360m (c. £305m).
Ends
Frasers Group plc
|
Robert Palmer, Company Secretary
LEI: 213800JEGHHEAXIJDX34
|
T. 0344 245 9200
E. company.secretary@frasers.group
|
|
Chris Wootton, Chief Financial Officer
|
T. 0344 245 9200
E.
financial@frasers.group
|
|
Ronnie Laffar, Group Head of Communications
|
T. 07931
841082
E. fgpr@frasers.group
|
|
Andrew Kasoulis, Investor Relations Director
|
T. 07826
532191
E.
Andrew.Kasoulis@frasers.group
|
|
Rosie Oddy, Brunswick Group, PR Advisors
|
T. 07734 861279
E. frasersgroup@brunswickgroup.com
|
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END
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