Frasers Group PLC Employee Benefit Trust Purchase of Employee Shares (7669N)
October 01 2021 - 6:14AM
UK Regulatory
TIDMFRAS
RNS Number : 7669N
Frasers Group PLC
01 October 2021
Date: 1 October 2021
FRASERS GROUP PLC
(the "Company")
PURCHASE BY THE FRASERS GROUP PLC EMPLOYEE BENEFIT TRUST OF
EMPLOYEE SHARES
On 30 September 2021, a total of 4,853 ordinary shares of 10
pence each in the Company ("Shares") were acquired by two
participants following the exercise of an award under the Company's
share schemes. The 4,853 shares sold by the participants following
exercise were acquired by Ocorian Limited as Trustee of the Sports
Direct International plc Employee Benefit Trust (the "Trustee"),
with the acquisition being funded by a loan advanced by the
Company. The Shares were acquired at a price of 683.5 pence per
Share (being an amount equal to the mid-market closing price of a
Share on 30 September 2021) in an off-market transaction effected
in Jersey. The Trustee has purchased these Shares in order to help
meet future obligations arising under the Company's share
schemes.
-Ends-
Frasers Group plc
Tom Piper, Company Secretary T. 0344 245 9200
LEI: 213800JEGHHEAXIJDX34 E. investor.relations@frasers.group
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