The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFrasers Group Share News (FRAS)

Share Price Information for Frasers Group (FRAS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 880.00
Bid: 876.00
Ask: 877.00
Change: -3.50 (-0.40%)
Spread: 1.00 (0.114%)
Open: 905.00
High: 905.00
Low: 872.00
Prev. Close: 883.50
FRAS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Mike Ashley's Frasers Group sells entire French Connection stake

Mon, 08th Feb 2021 10:18

(Sharecast News) - Mike Ashley's Frasers Group has sold its stake in fashion retailer French Connection.
According to a regulatory filing on Monday, Frasers Group - formerly Sports Direct - sold its entire 24.93% stake in French Connection on Thursday, a day before the retailer said it was in talks with two potential suitors.

Responding to a jump in its share price on Thursday, the company said it had received an approach from Spotlight in conjunction with Gordon Brothers International, and Go Global Retail in conjunction with HMJ International Services.

Discussions with both parties are still "at a very early stage", it said in the brief statement last week, adding that there can no certainty that an offer will be made, nor as to the terms on which any offer might be made. However, it did say any offer was likely to be in cash.

At 1100 GMT, French Connection shares were up 16% at 29.80p, while Frasers shares were down 4.4% at 456.40p.

More News
12 Oct 2022 15:58

UK shareholder meetings calendar - next 7 days

Thursday 13 October 
Artemis Alpha Trust PLCAGM
Feedback PLCAGM
Galileo Resources PLCAGM
Greencoat Renewables PLCEGM aircraft purchase
Mothercare PLCAGM
Rank Group PLCAGM
Scirocco Energy PLCGM share price performance
Friday 14 October 
Ashmore Group PLCAGM
Loungers PLCAGM
Monday 17 October 
Arcontech Group PLCAGM
Barratt Developments PLCAGM
Eight Capital Partners PLCGM re IWEP loan conversion to equity
Tuesday 18 October 
Accrol Group Holdings PLCAGM
Diverse Income TrustAGM
Dolphin Capital Investors LtdAGM
Pantheon International PLCAGM
Tlou Energy LtdAGM
Wednesday 19 October 
Empyrean Energy PLCGM annual report approval
Frasers Group PLCAGM
Hargreaves Lansdown PLCAGM
HydrogenOne Capital Growth PLCGM share issuance programme
Made Tech Group PLCAGM
SME Credit Realisation Fund LtdAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
12 Oct 2022 15:43

TOP NEWS: MySale board gives up fight against Frasers takeover offer

(Alliance News) - MySale PLC on Wednesday reluctantly recommended Frasers Group PLC's takeover offer to shareholders, after Frasers disclosed a blocking shareholding in MySale on Monday.

Read more
12 Oct 2022 15:07

MySale recommends shareholders accept Frasers bid

(Sharecast News) - Australian fashion marketplace MySale said on Wednesday that it now recommends shareholders accept a takeover offer from Frasers Group, even though it undervalues the business.

Read more
11 Oct 2022 15:51

Frasers Group picks up 4.5% stake in N Brown

(Sharecast News) - Sports Direct and House of Fraser owner Frasers Group has picked up a 4.5% stake in online clothing retailer N Brown, according to a regulatory filing on Tuesday.

Read more
10 Oct 2022 07:39

Frasers Group said to have bought Australian retailer Sneakerboy

(Sharecast News) - Frasers Group has reportedly bought collapsed Australian luxury footwear and streetwear retailer Sneakerboy for an undisclosed sum.

Read more
3 Oct 2022 07:54

Frasers urges MySale shareholders to accept mandatory offer

(Sharecast News) - Frasers Group urged MySale shareholders to accept its offer for the company after lining up assurances that would give it a 50.1% stake in the Australian fashion platform.

Read more
26 Sep 2022 17:06

LONDON MARKET CLOSE: Sterling battered; housebuilders, retailers down

(Alliance News) - Sterling fell to an all-time low against the US dollar on Monday, before rebounding slightly, with UK housebuilders and retailers also on the receiving end of a steep sell-off.

Read more
26 Sep 2022 09:46

TOP NEWS: Frasers to make mandatory takeover bid for MySale

(Alliance News) - Frasers Group PLC on Monday said it was making a "mandatory cash offer" for the remaining shares in MySale Group PLC.

Read more
26 Sep 2022 07:47

LONDON BRIEFING: Unilever CEO to step down; RPS backs new takeover bid

(Alliance News) - All eyes will be on the pound when traders in Europe return to desks on Monday, after the UK currency fell to an all-time low during the Asian session.

Read more
26 Sep 2022 07:03

Frasers to make mandatory offer for MySale after procuring 48% of shares

(Sharecast News) - Retail group Frasers said it now intends to make a mandatory offer for Australian online fashion discounter MySale after procuring 48.5% of the company's stock, including the shareholding of former chairman Carl Jackson.

Read more
20 Sep 2022 09:10

TOP NEWS: Mike Ashley steps down from Frasers as son-in-law takes over

(Alliance News) - Frasers Group PLC on Tuesday said Founder Mike Ashley will step down from the board, as his son-in-law Michael Murray takes over.

Read more
20 Sep 2022 08:54

LONDON MARKET OPEN: FTSE 100 rises; Haleon makes good earnings debut

(Alliance News) - Stocks in London were trading broadly higher early on Tuesday, bolstered by a positive first earnings report from GSK's consumer healthcare spin-off Haleon, ahead of a week expected to be dominated by interest rate decisions.

Read more
20 Sep 2022 07:20

Frasers' Mike Ashley to leave board following AGM

(Sharecast News) - Retailer Frasers Group revealed on Tuesday that Mike Ashley will not be standing for re-election as a director at this year's annual general meeting and he will step down from the board upon its conclusion on 19 October.

Read more
16 Sep 2022 17:02

LONDON MARKET CLOSE: Stocks in red; pound plunges on retail sales data

(Alliance News) - Stocks in London ended a difficult week in the red on Friday, as disappointing UK retail sales data sent the pound plunging and painted a gloomy picture about the nation's economy ahead of a major interest decision from the Bank of England next week.

Read more
16 Sep 2022 11:09

AIM WINNERS & LOSERS: MySale up as slams Frasers bid; AfriTin placing

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.