Last checked at 30 Jun 2022 07:00
Date: 30 June 2022
FRASERS GROUP PLC ("Frasers Group" or "the Company")
STRATEGIC INVESTMENT MYSALE PLC
Frasers Group announces that it has acquired a 28.7% holding in the Australian-based fashion marketplace, MySale plc. MySale connects global buyers and sellers to Australian and New Zealand ecommerce sites.
The Group believes this creates an opportunity for a strategic partnership whereby end of line Group products can be cleared via an established clearance channel. This pipeline will be further enhanced by the benefits of counter seasonality between the European and Australian climates.
Ends
Frasers Group plc
Thomas Piper, Company Secretary T. 0344 245 9200
LEI:213800JEGHHEAXIJDX34 E. investor.relations@frasers.group
Chris Wootton, Chief Financial T. 0344 245 9200
Officer E. financial@frasers.group
Ronnie Laffar, Head of PR & T. 07585 886189
Communications E. fgpr@frasers.group
Rosie Oddy, Brunswick Group, T. 07734 861279
PR Advisors E. frasersgroup@brunswick.com
Numis
Luke Bordewich T. 020 7260 1000
Ollie Steele
Duncan Wilson
Liberum
John Fishley T. 020 3100 2000
Kane Collins
Nikhil Varghese