Frasers Group Plc (LON:FRAS) has acquired a further 2,549,900 HUGO BOSS Shares, corresponding to approximately 3.69% of the share capital and voting rights of HUGO BOSS, following the exercise by the relevant counterparties of put options on 17 July 2026.
Frasers now holds in aggregate 20,897,361 HUGO BOSS Shares, corresponding to approximately 30.28% of the share capital and voting rights of HUGO BOSS (excluding additional HUGO BOSS Shares that have been tendered into the Offer). Frasers is therefore pleased to confirm that it has exceeded the mandatory bid threshold of 30% as provided for in the German Takeover Code (WpÜG).
The Offer of €38.00 per HUGO BOSS Share remains open for shareholders to accept. The initial acceptance period for the Offer will end on 27 July 2026, 24:00 hours (local time Frankfurt am Main, Federal Republic of Germany).
