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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: 823.00
Bid: 825.50
Ask: 826.50
Change: 7.00 (0.86%)
Spread: 1.00 (0.121%)
Open: 824.50
High: 828.50
Low: 817.50
Prev. Close: 816.00
FRAS Live PriceLast checked at -

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TOP NEWS: Frasers shopping spree goes on as buys boohoo, Currys stakes

Tue, 20th Jun 2023 09:58

(Alliance News) - Frasers Group PLC continued its streak of buying up shares in UK retail outfits, with a regulatory filing showing it has taken up a position in online fashion firm boohoo group PLC.

Frasers, which owns, House of Fraser, Sports Direct and Flannels retail chains, has a stake of 5.0% in boohoo.

The announcement on Tuesday came hours after a filing showed Frasers has built an 8.9% stake in London-based electronics and electrical goods retailer Currys PLC.

Filings on Monday showed Frasers built a 4.3% stake in Currys last week Thursday. It increased it to 8.9% on Monday.

On Friday, online electricals retailer AO World PLC said Frasers increased its stake to 21% from 19%. Frasers last week Monday had just bought the 19% stake.

On Thursday, London-based online fashion retailer Asos PLC said Frasers increased its stake to 10.6% from 9.9%.

Frasers shares were 0.4% higher at 715.00 pence each on Tuesday morning in London, boohoo shares were 1.8% lower at 34.29p each and Currys shares rose 1.4% to 53.70p.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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