Frasers Group PLC Employee Benefit Trust Purchase of Employee Shares (2928H)
02 Agosto 2021 - 3:56PM
UK Regulatory
TIDMFRAS
RNS Number : 2928H
Frasers Group PLC
02 August 2021
Date: 2 August 2021
FRASERS GROUP PLC
(the "Company")
PURCHASE BY THE FRASERS GROUP PLC EMPLOYEE BENEFIT TRUST OF
EMPLOYEE SHARES
On 30 July 2021, a total of 5,366 ordinary shares of 10 pence
each in the Company ("Shares") were acquired by one participant
following the exercise of an award under the Company's share
schemes. The 5,366 shares sold by the participant following
exercise were acquired by Ocorian Limited as Trustee of the Frasers
Group plc Employee Benefit Trust (the "Trustee"), with the
acquisition being funded by a loan advanced by the Company. The
Shares were acquired at a price of 604 pence per Share (being an
amount equal to the mid-market closing price of a Share on 30 July
2021) in an off-market transaction effected in Jersey. The Trustee
has purchased these Shares in order to help meet future obligations
arising under the Company's share schemes.
-Ends-
Frasers Group plc
Tom Piper, Company Secretary T. 0344 245 9200
LEI: 213800JEGHHEAXIJDX34 E. investor.relations@frasers.group
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END
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