REG - Frasers Group PLC - Director/PDMR Shareholding
RNS Number : 4952WFrasers Group PLC18 August 2020Date: 18 August 2020
Frasers Group Plc
("Frasers Group" or the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Frasers Group was informed on 17th August that David Daly (a Non-Executive Director) of the Company had purchased 3,912 ordinary shares in the Company.
The shares were purchased in error during a closed period. The Company has robust procedures in place before PDMRs can trade in shares which were accidentally not followed in this instance.
The issue was rectified as soon as it came to the Company's attention and the shares were sold within 15 minutes of their purchase. A small profit was made on the sale which David Daly has donated to charity.
The Company will ensure that PDMRs are reminded of their obligations and the internal procedures relating to dealing in the Company's shares.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David Daly
2
Reason for the notification
a)
Position/status
Non-Executive Chairman
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
Ordinary Shares
Identification code
GB00B1QH8P22
b)
Nature of the transaction
Purchase
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.84
3,912
d)
Aggregated information
- Aggregated volume
3,912
- Price
£2.84
e)
Date of the transaction
17 August 2020
f)
Place of the transaction
London
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
David Daly
2
Reason for the notification
a)
Position/status
Non-Executive Chairman
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
Ordinary Shares
Identification code
GB00B1QH8P22
b)
Nature of the transaction
Sale
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£2.87
1,316
£2.89
2,596
d)
Aggregated information
- Aggregated volume
3,912
- Price
£2.88
e)
Date of the transaction
17 August 2020
f)
Place of the transaction
London
Ends.
Frasers Group Plc T. 0344 245 9200
Tom Piper, Company Secretary E. investor.relations@sportsdirect.com
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