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Pin to quick picksFrasers Group Share News (FRAS)

Share Price Information for Frasers Group (FRAS)

London Stock Exchange
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Share Price: 881.50
Bid: 878.00
Ask: 879.00
Change: 6.50 (0.74%)
Spread: 1.00 (0.114%)
Open: 873.00
High: 889.00
Low: 859.50
Prev. Close: 875.00
FRAS Live PriceLast checked at -

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Mike Ashley's Frasers Group lifts stake in Boohoo again

Fri, 01st Sep 2023 09:08

(Sharecast News) - Mike Ashley's Frasers Group lifted its stake in Boohoo again on Friday, from 9.1% to 10.4%, having upped it from 7.8% a day earlier.

The company - which owns House of Fraser, Sports Direct and Flannels, among others - now owns 132.2m shares in the fast-fashion retailer.

Frasers also owns stakes in AO World, Currys and Hugo Boss.

In an announcement in June, the company said: "Boohoo is an attractive proposition to us with its laser focus on young female consumers. We see potential synergies and an opportunity to strengthen our own brand proposition in collaboration with Boohoo, most obviously with Frasers Group brands I Saw It First and Missguided."

At 0935 BST, Boohoo shares were up 9.5% at 39.02p.

More News
15 Jun 2023 11:42

Mike Ashley's Frasers lifts stake in Asos again to 10.6%

(Sharecast News) - Mike Ashley's Frasers Group has lifted its stake again in troubled online fashion outlet Asos to 10.6%, the company announced on Thursday.

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15 Jun 2023 11:26

IN BRIEF: Frasers ups stake in Asos for fourth time in month, to 10.6%

Frasers Group PLC - Shirebrook, England-based owner of the House of Fraser, Sports Direct and Flannels retail chains - Raises stake in Asos PLC, a London-based online fashion retailer which on Thursday reported a return to an adjusted quarterly profit, to 10.6% on Monday, from 9.9%. The raise in Frasers's stake in Asos follows three other raises over the past 31 days, to 9.9% last Wednesday, to 8.8% on June 1, and to 7.4% on May 15, from 5.1% before that.

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12 Jun 2023 16:58

LONDON MARKET CLOSE: Stocks climb before Fed but oil prices suffer

(Alliance News) - European equities pushed higher in anticipation of a US inflation ease and a Federal Reserve rate hike pause, though a slump in crude prices hurt oil majors.

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12 Jun 2023 12:08

LONDON MARKET MIDDAY: Stocks firm as expected Fed pause still in doubt

(Alliance News) - Stock prices in London were tentatively higher at midday on Monday, as investors looked ahead to a key US inflation print on Tuesday with some caution ahead of the Federal Reserve's next interest rate decision.

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12 Jun 2023 10:45

Frasers spots another "bargain" as buys into AO World

(Alliance News) - Frasers Group PLC's move to buy into AO World PLC and white goods was not a surprise, as it was the next logical step following forays into beauty and furniture.

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12 Jun 2023 08:57

LONDON MARKET OPEN: Upbeat market mood ahead of rate decisions

(Alliance News) - Stock prices in London opened higher on Monday as markets looked ahead to three major central bank policy meetings, in the US, EU and Japan, with increasing confidence in their outcome.

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12 Jun 2023 08:07

TOP NEWS: Frasers buys 19% stake in electricals retailer AO World

(Alliance news) - High street retailer Frasers Group PLC on Monday said it bought a strategic stake in online electricals retailer AO World PLC.

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12 Jun 2023 07:53

LONDON BRIEFING: Shares on the rise; Frasers buys into AO World

(Alliance News) - Stocks in London were set to open higher on Monday, at the start of a busy week of central bank moves.

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12 Jun 2023 07:01

Frasers Group takes 18.9% stake in AO World for £75m

(Sharecast News) - Mike Ashley's Frasers Group has said it had taken an 18.9% stake in online electrical retailer AO World for £75m.

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6 Jun 2023 13:42

Frasers Group ups stake in Asos

(Sharecast News) - Mike Ashley's Frasers Group has lifted its stake in online fashion retailer Asos again.

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25 May 2023 13:26

Director dealings: British Land CEO sells down, Ashley settles more Frasers options

(Sharecast News) - Frasers Group was once again on both sides of the ledger on Thursday, after Mike Ashley exercised and settled a number of put options, and purchased further derivatives.

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25 May 2023 12:26

DIRECTOR DEALINGS: Unilever South Asia president sells more shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Wednesday and Thursday and not separately reported by Alliance News:

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24 May 2023 15:29

IN BRIEF: Frasers's Ashley buys spread bet after put options exercise

Frasers Group PLC - Shirebrook, England-based owner of House of Fraser, Sports Direct and Flannels retail chains - Put options sold by Founder Mike Ashley over 250,000 shares that were set to expire in September are exercised at GBP9.00 per share, worth GBP2.3 million. Ashley settles the exercise through the purchase of a spread bet equivalent to 250,000 shares at GBP9.01, also worth GBP2.3 million. Ashley also buys a spread bet equivalent to 100,000 shares at GBP7.18, worth GBP717,645. All three transactions are on Tuesday. Ashley has a 71% voting interest in Frasers.

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24 May 2023 12:57

Director dealings: Mike Ashley settles 250k Frasers options, RS Group CEO invests

(Sharecast News) - Frasers Group found itself on both sides of the ledger on Wednesday, after Mike Ashley settled a quarter-million share put option transaction.

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22 May 2023 13:54

Frasers Group in advanced talks to buy ProBikeKit from THG - report

(Sharecast News) - Mike Ashley's Frasers Group is reportedly in advanced talks to buy cycling goods specialist ProBikeKit from THG.

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