Frasers Group PLCLSE: FRAS

Frasers Group: Purchases of shares during closed period

· Issued by Frasers Group PLC via RNS

Summary by 6ix AI

Frasers Group plc entered into a non-discretionary arrangement with Panmure Liberum Limited on November 10, 2026 for Panmure Liberum to buy back the company's ordinary shares on the market on its behalf, up to a maximum aggregate purchase price of £33,333,333. Purchases can run until the trading day immediately before the company's interim results are announced.

Key details

  • Non-discretionary means Panmure Liberum makes the purchases independently of, and uninfluenced by, Frasers Group.
  • The buyback replaces the previous programme announced on September 17, 2026.
  • Shareholders at the annual general meeting on September 16, 2026 authorised purchases of up to 67,065,265 ordinary shares of 10 pence each. After 1,184,483 shares were bought back since that meeting, authority remains for a further 65,880,782 shares.
  • Repurchased shares will be held in treasury (kept by the company rather than cancelled).
  • The company says there may be circumstances where its repurchases exceed 25 per cent of the average daily volume in its ordinary shares for the 20 trading days before the repurchase.

What’s still pending

  • The interim results, which end the buyback window, are currently expected to be announced on December 10, 2026.
  • Purchases are subject to the terms of the engagement with Panmure Liberum, the authority granted at the annual general meeting and the UK Listing Rules.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/purchases-of-shares-during-closed-period-1

Frasers Group PLC
10 November 2026

10 November 2026

FRASERS GROUP PLC – PURCHASES OF SHARES DURING CLOSED PERIOD

Frasers Group plc (the "Company") announces that it has today entered into a non-discretionary arrangement with Panmure Liberum Limited (“Panmure Liberum”) to conduct an on-market share buyback programme on its behalf (“On Market Share Buyback”).

The On Market Share Buyback is made under the authority granted at the Company’s last annual general meeting (“AGM”) on 16 September 2026 which authorised the Company to make market purchases up to a maximum aggregate of 67,065,265 ordinary shares of 10 pence each in the Company (“Ordinary Shares”). Following the repurchase of 1,184,483 Ordinary Shares since the AGM, authority remains available to purchase a further 65,880,782 Ordinary Shares. The limits for this arrangement with Panmure Liberum set out below ensure that purchases shall remain within the existing authority. The On Market Share Buyback programme replaces the previous programme announced on 17 September 2026.

The On Market Share Buyback allows Panmure Liberum to purchase Ordinary Shares up to a maximum aggregate purchase price of £33,333,333 between the date hereof and the trading day immediately prior to the announcement of the Company’s interim results, which are currently expected to be announced on 10 December 2026. The share purchases will be made on the Company's behalf and in accordance with the arrangement and will be made independently of, and uninfluenced by, the Company.

Any share purchases effected pursuant to the On Market Share Buyback will be subject to the terms of the engagement with Panmure Liberum and in any case will be effected in a manner consistent with both the general authority vested in the Company to repurchase shares as set out in the notice of the AGM and the UK Listing Rules.

The On Market Share Buyback will be conducted within the parameters of the Market Abuse Regulation 596/2014/EU as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and wherever possible the delegated regulations made pursuant to it, save that there may be circumstances where the Company conducts share repurchases such that they exceed 25 per cent of the average daily volume in Ordinary Shares for the 20 trading days prior to the share repurchase.

Following the purchase of the shares, they will be placed into treasury.

Ends

FRASERS GROUP PLC

Chris Wootton, Chief Financial Officer

T. 0344 245 9200

Emma Reid, Company Secretary

LEI: 213800JEGHHEAXIJDX34

T. 0344 245 9200

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