6th Jan 2023 08:17
Frasers Group - Shirebrook, England-based owner of Sports Direct, Frasers and Flannels retail chains - Says its investment in Hugo Boss now comprises 2.7 million shares or 3.9% of total share capital. This is covered by the sale of call options. Also has 17.6 million shares via sale of put options, representing 25% of Hugo Boss's total share capital. Of this, 1.8 million shares is matched via the purchase of put options, representing 2.5% of total share capital. Says maximum aggregate exposure connected with its next acquired interests in Hugo Boss is around EUR660 million or GBP580 million as of Thursday. This is after taking into account the premium it will receive under the put and call options.
Current stock price: 763.00 pence, up 0.3% on Friday in London
12-month change: down 2.7%
By Greg Rosenvinge, Alliance News reporter
Comments and questions to [email protected]
Copyright 2023 Alliance News Ltd. All Rights Reserved.
Related Shares:
Frasers Group