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Frasers Group PLC
Major Shareholding Notification • May 31, 2024
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Major Shareholding Notification
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National Storage Mechanism | Additional information 
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. [email protected] |
| Chris Wootton, Chief Financial Officer | T. 0344 245 9200 E. [email protected] |
| Ronnie Laffar, Group Head of Communications | T. 07931 841082 E. [email protected] |
| Andrew Kasoulis, Investor Relations Director | T. 07826 532191 E. [email protected] |
| Rosie Oddy, Brunswick Group, PR Advisors | T. 07734 861279 E. [email protected] |
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