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Pin to quick picksFrasers Group Share News (FRAS)

Share Price Information for Frasers Group (FRAS)

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Share Price: 870.00
Bid: 864.00
Ask: 865.00
Change: 0.00 (0.00%)
Spread: 1.00 (0.116%)
Open: 0.00
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Low: 0.00
Prev. Close: 870.00
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IN BRIEF: Frasers founder Mike Ashley to be consultant to Hornby

Wed, 20th Mar 2024 09:20

Hornby PLC - Margate, England-based model railway maker and retailer - Mike Ashley, the founder and controlling shareholder of retailer Frasers Group PLC, has signed a consultancy agreement with Hornby. Ashley will support Hornby Chief Executive Officer Olly Raeburn in the areas of systems, operations and logistics, as well as "broader matters of strategy". The agreement follows Frasers taking an 8.9% stake in Hornby last month, and there will be no payment for Ashley's services.

Current stock price: 36.75 pence, up 3.5% in London early on Wednesday

12-month change: up 53%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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TOP NEWS: Frasers increases investment in German designer Hugo Boss

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