Frasers Group Plc has notified Boohoo Group PLC of a significant increase in its voting rights, crossing the threshold of 20%. As of January 17, 2024, Frasers Group Plc holds 21.488350% of the voting rights in Boohoo Group PLC, representing a notable increase from the previous position of 17.220471%. This change is attributed to an acquisition or disposal of voting rights.
The total number of voting rights held by Frasers Group Plc in Boohoo Group PLC is 272,573,158. These voting rights are attached to ordinary shares, with no additional information provided regarding financial instruments or proxy voting.
The notification also discloses that the ultimate controlling person behind Frasers Group Plc is Michael Ashley. Frasers Group Plc is the controlled undertaking through which the voting rights and/or financial instruments are effectively held, with Michael Ashley holding 21.488350% of the voting rights.
This notification provides insight into the significant increase in voting rights held by Frasers Group Plc in Boohoo Group PLC, signaling a notable development in the ownership structure of the company.