Frasers Group Plc has acquired 25.02% of the voting rights in Boohoo Group PLC. The acquisition was notified on 29th July 2024, with the total number of voting rights held in the issuer being 317,583,580. This represents an increase from the previous position of 24.05% voting rights. The acquisition was made by Michael Ashley, the ultimate controlling person of Frasers Group Plc.
The notification indicates that the acquisition or disposal of voting rights occurred on 26th July 2024. Frasers Group Plc, with its registered office in Mansfield, United Kingdom, now holds 25.02% of the voting rights attached to shares in Boohoo Group PLC. This acquisition has resulted in a change in the total positions of the person subject to the notification obligation.
The details provided in the notification comply with the standard form for notification of major holdings, including the breakdown of voting rights attached to shares and financial instruments. The information also includes the full chain of controlled undertakings through which the voting rights and/or financial instruments are effectively held, starting with the ultimate controlling natural person or legal entities.
This notification provides transparency regarding the significant increase in voting rights held by Frasers Group Plc in Boohoo Group PLC, offering insights into the changes in major holdings within the company.