FRASERS GROUP PLC
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Frasers Group plc (the "Company") has been notified by MASH Beta Ltd ("MASH Beta"), a company through which Mike Ashley holds shares in the Company, that MASH Beta has granted a pledge in favour of HSBC Private Bank over 26,561,540 Ordinary Shares in the Company, representing approximately 5.90% of the Company's issued share capital (excluding shares held in treasury), as security for any amounts which may be due from time to time under a derivatives trading facility. Mike Ashley remains the beneficial owner of the Ordinary Shares subject to the pledge and retains full voting rights over these shares.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
MASH Beta Limited |
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2 |
Reason for the notification |
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a) |
Position/status |
PCA with Michael Ashley, a PDMR |
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b) |
Initial notification /Amendment |
Initial Notification |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Frasers Group PLC |
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b) |
LEI |
213800JEGHHEAXIJDX34 |
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a)
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Description of the financial instrument, type of instrument |
Ordinary shares |
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Identification code |
GB00B1QH8P22 |
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b)
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Nature of the transaction |
Pledge in favour of HSBC Private Bank over 26,561,540 Ordinary Shares in the Company, representing approximately 5.8984% of the Company's issued share capital (excluding shares held in treasury), as security for any amounts which may be due from time to time under a derivatives trading facility. |
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c) |
Price(s) and volume(s) |
Price(s) £0.00 |
Volume(s) 26,561,540 |
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d)
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Aggregated information |
Aggregated Volume 26,561,540 Price £0 |
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e) |
Date of the transaction |
7 November 2024 |
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f) |
Place of the transaction |
Outside a trading venue |
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