Frasers Group PLC Executive Share Scheme & Proposed CEO Transition (4486N)
September 29 2021 - 12:14PM
UK Regulatory
TIDMFRAS
RNS Number : 4486N
Frasers Group PLC
29 September 2021
Date: 29 September 2021
Frasers Group Plc
("Frasers Group" or the "Group")
Executive Share Scheme & Proposed CEO Transition
Frasers Group confirms that the Executive Share Scheme proposed
by the Board was approved at today's AGM, and for reference would
have been approved if the votes cast by Mr Mike Ashley, or his
holding companies, had not been included in the quorum or vote.
It is now confirmed that it is intended that Mr Michael Murray
will assume the CEO role from 1(st) May 2022 further to our RNS of
5(th) August 2021.
The Group notes that it will be necessary for Mr Murray and the
Group to finalise the terms on which any relevant prior consultancy
services agreements will terminate prior to 1(st) May 2022.
Ends.
Frasers Group Plc T. 0344 245 9200
Tom Piper, Company Secretary E. investor.relations@frasers.group
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