REG - Frasers Group PLC - Director/PDMR Shareholding
25/05/2023 07:00
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RNS Number : 6368A 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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