REG - Frasers Group PLC - Transaction in Own Shares

FrasersAnnouncement

23/03/2020 07:05

RNS Number : 1236H
  
Frasers Group PLC
  
23 March 2020
  
 

Date: 23 March 2020
 
Frasers Group Plc
("Frasers Group" or the "Company")
 
COVID-19 AND SUSPENSION OF SHARE BUYBACK 
 
Following Friday's announcement which substantially underplayed the effect of the COVID-19 virus on retail when considering the actions that the government has taken since the announcement and will most likely take in the coming days, the Company has decided to suspend its share buyback with immediate effect.
 
The Company will continue to look at all options to maintain shareholder value and support.
 
Ends. 



 
Frasers Group Plc
Tom Piper, Company Secretary
LEI: 213800JEGHHEAXIJDX34


 
T. 0344 245 9200
E. investor.relations@sportsdirect.com
 



 


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