Director/PDMR Shareholding

Frasers Group PLC
26 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 25 May 2023 by Michael Ashley (a PDMR) that: (i) put options sold by Mr Ashley over 100,000 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 100,000 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 25 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 200,000 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 100,000 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

 

100,000





 

d)

 

Aggregated information

Aggregated Volume    100,000

 

                    Price         £900,000




 


 


 



e)

 

Date of the transaction

 

 

 25 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 £6.835 per unit

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




 

£6.84

 

100,000





 

d)

 

Aggregated information

Aggregated Volume    100,000

 

                    Price         £683,500




 


 


 



e)

 

Date of the transaction

 

 

 25 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 £9.0081 per unit

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




 

£9.01

 

100,000





 

d)

 

Aggregated information

Aggregated Volume    100,000

 

                    Price         £900,810




 


 


 



e)

 

Date of the transaction

 

 

 25 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 200,000 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

 

200,000





 

d)

 

Aggregated information

Aggregated Volume    200,000

 

                    Price         £1,600,000




 


 


 



e)

 

Date of the transaction

 

 

 25 May 2023

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

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END
 
 
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