TIDMFRAS

RNS Number : 8401O

Frasers Group PLC

11 February 2021

11(th) February 2021

FRASERS GROUP PLC

("Frasers Group" or the "Group")

Director/PDMR Shareholding

On 10(th) February 2021 conditional share awards ("Awards") over ordinary shares of 10p each in Frasers Group ("Shares") were granted under the Frasers All-Employee Omnibus Plan ("Plan") to the following directors and persons discharging managerial responsibilities:

 
  Director/ PDMR    Position 
  Cally Price       Non-executive Workforce 
                     Director 
                  ------------------------- 
 

The Awards have been granted under the 'Fearless 1,000' part of the Plan which aims to incentivise exceptional performance if a stretching share price growth target is achieved. The number of Shares that a participant may receive (if any) will be determined based upon the number of units that they are allocated during a 4 year performance period (for those individuals that demonstrate commitment to our values). The maximum number of Shares that any employee may receive in respect of an Award is 100,000.

Further details, including a summary of the principal terms of the Plan, is set out in the notice to the 2020 AGM.

Awards have been granted to all eligible and qualifying employees of Frasers Group. This includes Cally Price, our Non-executive Workforce Director, as she is also a qualifying Group employee.

Please note that the Chief Executive Officer, Chief Financial Officer, Head of Commercial and any member of the Chief Executive Officer's family (including any children and siblings) will be excluded from participation in the Plan. The Plan is only available to eligible and qualifying Group employees and in no circumstances will a person providing consultancy services to a Group Company be able to participate in the Plan.

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

 
  1    Details of the persons discharging managerial responsibilities 
        I person closely associated 
 a)    N a me                         Cally Price 
     ----------------------------  ------------------------------------------------- 
 2     Reason for the notification 
     ------------------------------------------------------------------------------- 
 a)    Position / st a tus           Non-executive Workforce Director 
     ----------------------------  ------------------------------------------------- 
 b)    Initial notification          Initial notification 
        / amendment 
     ----------------------------  ------------------------------------------------- 
 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 ofinstrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions 
        have been conducted 
     ------------------------------------------------------------------------------- 
 a)    Description of the fina      Ordinary shares of 10p each in Frasers Group 
        n cial instrume nt , 
        type of ins t rument 
     ----------------------------  ------------------------------------------------- 
       Identification code          GB00B1QH8P22 
     ----------------------------  ------------------------------------------------- 
 b)    Nature of t h e transact     Grant of an Award under the Frasers All-Employee 
        i o n                        Omnibus Plan. The number of shares in respect 
                                     of which the Award may vest (if any) shall 
                                     be determined in accordance with the rules 
                                     of the Plan (as set out in the 2020 AGM 
                                     notice). 
     ----------------------------  ------------------------------------------------- 
 c)    Price(s) a n d vo l ume(s)     Price(s)   Vo l umes 
                                            Nil   N/A 
                                                 ---------- 
     ----------------------------  ------------------------------------------------- 
 d)    Aggregated information        Not applicable - single transaction 
        - Aggregated volume 
        - Price 
     ----------------------------  ------------------------------------------------- 
 e)    Date of the transaction       10(th) February 2021 
     ----------------------------  ------------------------------------------------- 
 f)    Place of the transaction      Outside a trading venue 
     ----------------------------  ------------------------------------------------- 
 

Frasers Group plc

   Tom Piper, Company Secretary                                      T. 0344 245 9200 
   LEI: 213800JEGHHEAXIJDX34                                      E. investor.relations@frasers.group 

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February 11, 2021 13:00 ET (18:00 GMT)