Frasers Group Plc has acquired 20.021515% of the voting rights in N Brown Group PLC. The acquisition was notified on 9th February 2024, with the total number of voting rights held in the issuer being 92,764,689. This represents an increase from the previous position of 19.361685% in voting rights.
The acquisition was made by Michael Ashley, the ultimate controlling person of Frasers Group Plc. The notification indicates that the acquisition was through direct voting rights, with no voting rights through financial instruments.
This TR-1 notification provides detailed information about the acquisition of voting rights by Frasers Group Plc in N Brown Group PLC, offering transparency about the change in ownership and control within the company.