Last checked at 6 Jul 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 5 July 2023 by Michael Ashley (a PDMR) that put options sold by Mr Ashley over 31,000 shares in the Company with a strike price of £8.00 and an expiry of September 2023 had been exercised and were settled through derivatives (spread bet) equivalent to 31,000 shares in the Company.
The Company was also informed on 5 July 2023 by MASH Holdings Limited ("MASH"), a company through which Michael Ashley holds shares in the Company, that put options sold by MASH over 69,000 shares in the Company with a strike price of £8.00 and an expiry of September 2023 had been exercised.
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 31,000 Ordinary Shares 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 |
31,000 | |||||
| ||||||
d)
| Aggregated information | Aggregated Volume 31,000
Price £248,000 | ||||
| ||||||
| ||||||
| ||||||
e)
| Date of the transaction
| 3 July 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
| Settlement of put option through derivative (spread bet) equivalent to 31,000 Ordinary Shares at £8.00 per unit. | ||||
c)
| Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£8.00 |
31,000 | |||||
| ||||||
d)
| Aggregated information | Aggregated Volume 31,000
Price £248,000 | ||||
| ||||||
| ||||||
| ||||||
e)
| Date of the transaction
| 3 July 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
| Exercise of put options sold by MASH Holdings Limited over 69,000 Ordinary Shares 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 |
69,000 | |||||
| ||||||
d)
| Aggregated information | Aggregated Volume 69,000
Price £552,000 | ||||
| ||||||
| ||||||
| ||||||
e)
| Date of the transaction
| 4 July 2023 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||