NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
18 August 2026
FRASERS GROUP PLC
Results of Offer for HUGO BOSS
On 10 June 2026, Frasers Group plc (Frasers) announced its decision to launch a voluntary public takeover offer to acquire all of the ordinary no-par value registered shares (HUGO BOSS Shares) in HUGO BOSS AG (HUGO BOSS) which are not directly held by Frasers (the Offer). The offer document in connection with the Offer was published on 25 June 2026. The additional acceptance period for the Offer ended on 13 August 2026.
Frasers is pleased to confirm that it has received valid acceptances of the Offer in respect of 12,157,598 HUGO BOSS Shares, corresponding to approximately 17.62% of the share capital and voting rights of HUGO BOSS.
As a result, as of the expiry of the additional acceptance period for the Offer, the number of HUGO BOSS Shares for which the Offer has been accepted together with the HUGO BOSS Shares from Frasers' direct shareholding amounts to a total of 33,054,959 HUGO BOSS Shares. This corresponds to approximately 47.89% of the share capital and voting rights of HUGO BOSS.
For the purposes of UKLR 7.3.3, Frasers confirms that there has been no material change affecting any matter contained in the announcements previously made by it in relation to the Offer.
Enquiries
Frasers Group plc
|
Christopher Wootton, Chief Financial Officer |
T. +44 344 245 9200 |
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KBA PR Keith Bishop |
T. +44 207 734 9995 |
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BNP Paribas, Financial adviser Thomas Christl Marcellus Ramsauer Alexander Browne |
T. +44 207 595 2000 |
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Deutsche Bank, Financial adviser Luke Bordewich Carsten Laux Oliver Steele Marcel Reiher |
T. +44 207 545 8000 |
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Emma Reid, Company Secretary LEI: 213800JEGHHEAXIJDX34 |
T. +44 344 245 9200 |
Disclaimer
BNP Paribas (BNPP) is authorised and regulated by the European Central Bank. BNPP, which is subject to regulation by the Financial Conduct Authority (the FCA) and limited regulation by the Prudential Regulation Authority (the PRA), is acting exclusively for Frasers and no one else in connection with the Offer and shall not be responsible to anyone other than Frasers for providing the protections afforded to clients of BNPP, nor for providing advice in connection with the Offer or any matter referred to herein. Neither BNPP nor any of its affiliates (nor any of its or their respective directors, officers, employees, representatives or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct, indirect, consequential, whether in contract, in tort, under statute or otherwise) to any person who is not a client of BNPP in connection with the Offer, this announcement, any statement contained herein or otherwise.
Deutsche Bank AG is authorised and regulated by the European Central Bank and BaFin. With respect to activities undertaken in the United Kingdom, Deutsche Bank AG, London Branch (Deutsche Bank) is authorised by the PRA with deemed variation of permission. Deutsche Bank, which is subject to regulation by the FCA and limited regulation by the PRA, is acting exclusively for Frasers and no one else in connection with the Offer and shall not be responsible to anyone other than Frasers for providing the protections afforded to clients of Deutsche Bank, nor for providing advice in connection with the Offer or any matter referred to herein. Neither Deutsche Bank nor any of its affiliates (nor any of its or their respective directors, officers, employees, representatives or agents) owes or accepts any duty, liability or responsibility whatsoever (whether direct, indirect, consequential, whether in contract, in tort, under statute or otherwise) to any person who is not a client of Deutsche Bank in connection with the Offer, this announcement, any statement contained herein or otherwise.