Holding(s) in Company
Frasers Group Plc has acquired a significant stake in ASOS PLC, now holding 27.54% of the voting rights and financial instruments. This notification, dated August 24, 2026, follows an acquisition of financial instruments on August 21, 2026. Frasers Group Plc's direct voting rights stand at 23.37% through 28,000,000 shares, supplemented by 4.17% from various sold put options with expiration dates in September 2026 and March 2027, totaling 5,000,000 voting rights. This move represents a substantial increase in Frasers Group's influence over ASOS PLC.
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Issuer Details
ISIN
GB0030927254
Issuer Name
ASOS PLC
UK or Non-UK Issuer
UK
Reason for Notification
An acquisition or disposal of financial instruments
Details of person subject to the notification obligation
Name
Frasers Group Plc
City of registered office (if applicable)
Mansfield
Country of registered office (if applicable)
United Kingdom
Details of the shareholder
City of registered office (if applicable)
Country of registered office (if applicable)
Date on which the threshold was crossed or reached
21-Aug-2026
Date on which Issuer notified
24-Aug-2026
- Total positions of person(s) subject to the notification obligation
| % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer | |
|---|---|---|---|---|
| Resulting situation on the date on which threshold was crossed or reached | 23.368102 | 4.172875 | 27.540977 | 33000000 |
| Position of previous notification (if applicable) | 23.368102 | 5.007456 | 28.375558 | |
| 8A. Voting rights attached to shares | ||||
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB0030927254 | 28000000 | 23.368102 | ||
| Sub Total 8.A | 28000000 | 23.368102% | ||
| 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) | ||||
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
| sold put option | September 2026 | 1000000 | 0.834575 | |
| sold put option | September 2026 | 1000000 | 0.834575 | |
| sold put option | March 2027 | 1000000 | 0.834575 | |
| sold put option | March 2027 | 1000000 | 0.834575 | |
| sold put option | March 2027 | 1000000 | 0.834575 | |
| Sub Total 8.B1 | 5000000 | 4.172875% | ||
- Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
Sub Total 8.B2
- Information in relation to the person subject to the notification obligation
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
|---|---|---|---|---|
| Michael Ashley | Frasers Group plc | 23.368102 | 4.172875 | 27.540977% |
In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
If date does not apply, explain below
- Additional Information
- Date of Completion
24-Aug-2026
Place Of Completion
Shirebrook, England
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