Frasers Group PLC Arcadia Group Limited
November 30 2020 - 01:00AM
RNS Non-Regulatory
TIDMFRAS
Frasers Group PLC
30 November 2020
30 November 2020
FRASERS GROUP PLC
("Frasers Group" or the "Company")
Arcadia Group Limited (the "Arcadia Group")
Frasers Group notes recent press reports concerning the
potential provision of emergency funding by the Company to the
Arcadia Group.
The Company can confirm that it has made an offer and provided
draft terms to the Arcadia Group for a loan of up to GBP50 million
and is now awaiting a substantive response.
Should the Company and the Arcadia Group's efforts to agree an
emergency funding package fail and the Arcadia Group enter into
administration, the Company would be interested in participating in
any sale process.
Frasers Group plc
Tom Piper, Company Secretary T. 0344 245 9200
LEI: 213800JEGHHEAXIJDX34 E. investor.relations@frasers.group
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