REG - Frasers Group PLC - Strategic Investment in Mysale plc

FrasersAnnouncement

30/06/2022 07:16

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RNS Number : 7289Q  Frasers Group PLC  30 June 2022

Date: 30 June 2022

 

FRASERS GROUP PLC ("Frasers Group" or "the Company")

 

STRATEGIC INVESTMENT MYSALE PLC

 

Frasers Group announces that it has acquired a 28.7% holding in the
Australian-based fashion marketplace, MySale plc. MySale connects global
buyers and sellers to Australian and New Zealand ecommerce sites.

 

The Group believes this creates an opportunity for a strategic partnership
whereby end of line Group products can be cleared via an established clearance
channel. This pipeline will be further enhanced by the benefits of counter
seasonality between the European and Australian climates.

 

Ends

 

 

Frasers Group plc

Thomas Piper, Company
Secretary                                 T.
0344 245 9200

LEI:213800JEGHHEAXIJDX34
E. investor.relations@frasers.group (mailto:investor.relations@frasers.group)

 

Chris Wootton, Chief Financial
 
T. 0344 245 9200

Officer
E. financial@frasers.group (mailto:financial@frasers.group)

 

Ronnie Laffar, Head of PR &
 
T. 07585 886189

Communications
 
E. fgpr@frasers.group (mailto:fgpr@frasers.group)

 

Rosie Oddy, Brunswick
Group,
T. 07734 861279

PR
Advisors
E. frasersgroup@brunswick.com (mailto:frasersgroup@brunswick.com)

 

Numis

 

Luke
Bordewich
T. 020 7260 1000

Ollie Steele

Duncan Wilson

 

Liberum

 

John
Fishley
T. 020 3100 2000

Kane Collins

Nikhil Varghese

 

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