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Pin to quick picksFrasers Group Regulatory News (FRAS)

Share Price Information for Frasers Group (FRAS)

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Acquisition of economic interest in Mulberry Group

3 Feb 2020 16:43

RNS Number : 8100B
Frasers Group PLC
03 February 2020
 

Date: 03 February 2020

 

Frasers Group Plc

("Frasers Group" or the "Company")

 

 

 

 

Frasers Group is pleased to announce that it has acquired a 12.5% economic interest in Mulberry Group plc ("Mulberry").

 

Mulberry is a global luxury brand with a rich British heritage.

 

A key strategic priority for Frasers Group is the elevation of our retail proposition and building stronger relationships with premium third party brands. Frasers Group looks forward to working more closely with Mulberry for the benefit of shareholders of both companies.

 

Ends.

 

Frasers Group plc

Tom Piper, Company Secretary

 

 

 

T. 0344 245 9200

E. investor.relations@sportsdirect.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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