Purchases of shares during closed period

Summary by AI BETAClose X

Frasers Group PLC has initiated a share buyback program through an arrangement with Jefferies International Limited, authorizing the purchase of up to 10,000,000 ordinary shares, with an aggregate purchase price not exceeding £70,000,000. These purchases, which will be conducted independently of the company and placed into treasury to reduce share capital, are permitted under the authority granted at the September 24, 2025 AGM and are expected to commence during the closed period beginning June 16, 2026.

Disclaimer*

Frasers Group PLC
09 June 2026
 

FRASERS GROUP PLC - PURCHASES OF SHARES DURING CLOSED PERIOD

 

Frasers Group plc (the "Company") announces that it has today entered into a non-discretionary arrangement with Jefferies International Limited, acting through its London branch at 1 Friday Street, London, EC2N 4JL ("Jefferies") to conduct a share buyback programme on its behalf.

 

This arrangement is made under the authority granted at the Company's last AGM on 24 September 2025 which authorised the Company to make market purchases up to a maximum aggregate of 67,502,373 ordinary shares in the Company. The limits for this arrangement with Jefferies set out below ensure that purchases shall remain within the existing authority.

 

Jefferies is allowed to purchase up to 10,000,000 ordinary shares in the Company during the next closed period of the Company, which is currently expected to commence on 16 June 2026. These share purchases will be made on the Company's behalf and in accordance with the arrangement and will be made independently of, and uninfluenced by, the Company.

 

Any share purchases effected pursuant to the arrangement will be subject to the terms of engagement with Jefferies and in any case will be effected in a manner consistent with both the general authority vested in the Company to repurchase shares and the UK Listing Rules. The aggregate purchase price under this arrangement will not exceed £70,000,000.

 

Following the purchase of the Shares, they will be placed into treasury. The sole purpose of these share purchases is to reduce the Company's share capital.

 

Ends  

 

FRASERS GROUP PLC  

 

Chris Wootton, Chief Financial Officer  

T. 0344 245 9200 

E. Financial@frasers.group  

 

Andrew Kasoulis, Investor Relations Director  

T. 07826 532191 

E. Andrew.Kasoulis@frasers.group    

 

Emma Reid, Company Secretary 

LEI: 213800JEGHHEAXIJDX34 

T. 0344 245 9200 

E. company.secretary@frasers.group 

 

 

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