Brief: XXL On Frasers' Offer Says Board RecommendsShareholders With A Longterm View On Their Investment Do Not Accept The Offer
05/05/2025 19:39
May 5 (Reuters) - Frasers Group PLC FRAS.L: XXL ASA ON FRASERS' OFFER - BOARD RECOMMENDS XXL SHAREHOLDERS WITH A LONGTERM VIEW ON THEIR INVESTMENT DO NOT ACCEPT THE OFFER XXL ASA- THE FRASERS OFFER DOES NOT ADEQUATELY REFLECT THE COMPANY’S LONG-TERM EARNINGS POTENTIAL XXL ASA ON FRASERS' OFFER: LOW ABSOLUTE,RELATIVE FREE FLOAT IN CO'S SHARES IMPLIES OBSERVED TRADING PRICES MAY BE LESS ROBUST EXPRESSION OF FAIR VALUE Source text: ID:nObiLYBGVa Further company coverage: FRAS.L ((Reuters.Briefs@thomsonreuters.com;;))
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