Last checked at 30 Nov 2020 15:01
RNS Number : 9780G
Frasers Group PLC
30 November 2020
30 November 2020
FRASERS GROUP PLC
("Frasers Group" or the "Company")
Arcadia Group decline Lifeline Loan
Frasers Group can confirm that Arcadia Group Limited have declined Frasers Group's offer of a lifeline loan of up to £50m. Frasers Group were not given any reasons for the rejection, nor did Frasers Group have any engagement from Arcadia before the loan was declined.
Frasers Group plc Tom Piper, Company Secretary LEI: 213800JEGHHEAXIJDX34
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T. 0344 245 9200 E. investor.relations@frasers.group |
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