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Last checked at 
26 May 2023 07:00
FRASERS GROUP PLC
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Frasers Group PLC (the "Company") was informed on 25 May 2023 by Michael Ashley (a PDMR) that: (i) put options sold by Mr Ashley over 100,000 shares in the Company with a strike price of £9.00 and an expiry of September 2023 had been exercised and were settled by Mr Ashley through the purchase of derivatives (spread bet) equivalent to 100,000 shares in the Company and (ii) Mr Ashley had purchased further derivatives (spread bet) equivalent to 100,000 shares in the Company.
The Company was also informed on 25 May 2023 by MASH Holdings Limited ("MASH"), a company through which Michael Ashley holds shares in the Company, that MASH sold share settled put options over 200,000 shares equivalent with a strike price of £8.00 and expiry of September 2023.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Michael Ashley
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PDMR | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Frasers Group PLC | ||||
b)
| LEI
| 213800JEGHHEAXIJDX34
| ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument | Financial Instrument (Put Option) | ||||
Identification code | GB00B1QH8P22 | |||||
b)
| Nature of the transaction
| Exercise of put options sold by Mr Ashley over 100,000 Ordinary Shares with an expiry of September 2023 and a strike price of £9.00 | ||||
c)
| Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£9.00 |
100,000 | |||||
| ||||||
d)
| Aggregated information | Aggregated Volume 100,000
Price £900,000 | ||||
| ||||||
| ||||||
| ||||||
e)
| Date of the transaction
| 25 May 2023 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument | Financial Instrument (Spread Bet) | ||||
Identification code | GB00B1QH8P22 | |||||
b)
| Nature of the transaction
| Purchase of derivative (spread bet) equivalent to 100,000 Ordinary Shares at £6.835 per unit | ||||
c)
| Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£6.84 |
100,000 | |||||
| ||||||
d)
| Aggregated information | Aggregated Volume 100,000
Price £683,500 | ||||
| ||||||
| ||||||
| ||||||
e)
| Date of the transaction
| 25 May 2023 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument | Financial Instrument (Spread Bet) | ||||
Identification code | GB00B1QH8P22 | |||||
b)
| Nature of the transaction
| Purchase of derivative (spread bet) equivalent to 100,000 Ordinary Shares at £9.0081 per unit | ||||
c)
| Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£9.01 |
100,000 | |||||
| ||||||
d)
| Aggregated information | Aggregated Volume 100,000
Price £900,810 | ||||
| ||||||
| ||||||
| ||||||
e)
| Date of the transaction
| 25 May 2023 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| MASH Holdings Limited
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| PCA with Michael Ashley, a PDMR | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Frasers Group PLC | ||||
b)
| LEI
| 213800JEGHHEAXIJDX34
| ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |||||
a)
| Description of the financial instrument, type of instrument | Financial Instrument (Put Options) | ||||
Identification code | GB00B1QH8P22 | |||||
b)
| Nature of the transaction
| Sale of share settled put options over 200,000 Ordinary Shares equivalent with an expiry of September 2023 and a strike price of £8.00 | ||||
c)
| Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£8.00 |
200,000 | |||||
| ||||||
d)
| Aggregated information | Aggregated Volume 200,000
Price £1,600,000 | ||||
| ||||||
| ||||||
| ||||||
e)
| Date of the transaction
| 25 May 2023 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
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