Frasers Group PLC Strategic Investment in Mysale plc (7289Q)
30 June 2022 - 4:00PM
UK Regulatory
TIDMFRAS
RNS Number : 7289Q
Frasers Group PLC
30 June 2022
Date: 30 June 2022
FRASERS GROUP PLC ("Frasers Group" or "the Company")
STRATEGIC INVESTMENT MYSALE PLC
Frasers Group announces that it has acquired a 28.7% holding in
the Australian-based fashion marketplace, MySale plc. MySale
connects global buyers and sellers to Australian and New Zealand
ecommerce sites.
The Group believes this creates an opportunity for a strategic
partnership whereby end of line Group products can be cleared via
an established clearance channel. This pipeline will be further
enhanced by the benefits of counter seasonality between the
European and Australian climates.
Ends
Frasers Group plc
Thomas Piper, Company Secretary T. 0344 245 9200
LEI:213800JEGHHEAXIJDX34 E. investor.relations@frasers.group
Chris Wootton, Chief Financial T. 0344 245 9200
Officer E. financial@frasers.group
Ronnie Laffar, Head of PR & T. 07585 886189
Communications E. fgpr@frasers.group
Rosie Oddy, Brunswick Group, T. 07734 861279
PR Advisors E. frasersgroup@brunswick.com
Numis
Luke Bordewich T. 020 7260 1000
Ollie Steele
Duncan Wilson
Liberum
John Fishley T. 020 3100 2000
Kane Collins
Nikhil Varghese
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END
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