Director/PDMR Shareholding

Frasers Group PLC

25 May 2023

 

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") was informed on 24 May 2023 by Michael Ashley (a PDMR) that: (i) put options sold by Mr Ashley over 150,000 shares in the Company with a strike price of £9.00 and an expiry of September 2023 had been exercised and were settled by Mr Ashley through the purchase of derivatives (spread bet) equivalent to 150,000 shares in the Company; and (ii) Mr Ashley had purchased further derivatives (spread bet) equivalent to 100,000 shares in the Company.

The Company was also informed on 24 May 2023 by MASH Holdings Limited ("MASH"), a company through which Michael Ashley holds shares in the Company, that MASH sold share settled put options over 800,000 shares equivalent with a strike price of £8.00 and expiry of September 2023.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Ashley
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Frasers Group PLC
b)	LEI	213800JEGHHEAXIJDX34
4	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
a)	Description of the financial instrument, type of instrument	Financial Instrument (Put Option)
	Identification code	GB00B1QH8P22
b)	Nature of the transaction	Exercise of put options sold by Mr Ashley over 150,000 Ordinary Shares with an expiry of September 2023 and a strike price of £9.00
c)	Price(s) and volume(s)
			Price(s)		Volume(s)
			£9.00		150,000
d)	Aggregated information	Aggregated Volume    150,000                     Price         £1,350,000
e)	Date of the transaction	24 May 2023
f)	Place of the transaction	London Stock Exchange (XLON)
4	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
a)	Description of the financial instrument, type of instrument	Financial Instrument (Spread Bet)
	Identification code	GB00B1QH8P22
b)	Nature of the transaction	Purchase of derivative (spread bet) equivalent to 150,000 Ordinary Shares at £9.0081 per unit
c)	Price(s) and volume(s)
			Price(s)		Volume(s)
			£9.01		150,000
d)	Aggregated information	Aggregated Volume    150,000                     Price         £1,351,215
e)	Date of the transaction	24 May 2023
f)	Place of the transaction	London Stock Exchange (XLON)
4	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
a)	Description of the financial instrument, type of instrument	Financial Instrument (Spread Bet)
	Identification code	GB00B1QH8P22
b)	Nature of the transaction	Purchase of derivative (spread bet) equivalent to 100,000 Ordinary Shares at £7.0550 per unit
c)	Price(s) and volume(s)
			Price(s)		Volume(s)
			£7.06		100,000
d)	Aggregated information	Aggregated Volume    100,000                     Price         £705,500
e)	Date of the transaction	24 May 2023
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	MASH Holdings Limited
2	Reason for the notification
a)	Position/status	PCA with Michael Ashley, a PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Frasers Group PLC
b)	LEI	213800JEGHHEAXIJDX34
4	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
a)	Description of the financial instrument, type of instrument	Financial Instrument (Put Options)
	Identification code	GB00B1QH8P22
b)	Nature of the transaction	Sale of share settled put options over 800,000 Ordinary Shares equivalent with an expiry of September 2023 and a strike price of £8.00
c)	Price(s) and volume(s)
			Price(s)		Volume(s)
			£8.00		800,000
d)	Aggregated information	Aggregated Volume    800,000                     Price         £6,400,000
e)	Date of the transaction	24 May 2023
f)	Place of the transaction	London Stock Exchange (XLON)

 

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