** Shares of British sportswear and fashion retailer Frasers FRAS.L up 7.9% at 679.5 pence
** Stock on track for its biggest one-day pct gain since July 2024
** Co enters an arrangement with Barclays, under which Barclays to purchase up to 10 mln ordinary shares in FRAS on co's behalf
** FRAS says aggregate purchase price under arrangement will not exceed 70 million pounds ($93.72 million)
** Stock up ~12% YTD
($1 = 0.7469 pounds)
(Reporting by Nithyashree R B in Bengaluru)
((NithyashreeRB@thomsonreuters.com))