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Frasers Group PLC M&A Activity 2026

Jul 23, 2026

4862_tar_2026-07-23_451323e5-e2f4-4a3f-85e7-d27323365966.html

M&A Activity

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National Storage Mechanism | Additional information

RNS Number : 4757N

Frasers Group PLC

23 July 2026

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

23 July 2026

FRASERS GROUP PLC

Update on offer for Accent

On 15 June 2026, Frasers Group plc (Frasers or the Company) announced an all-cash on-market takeover offer (the Offer) to acquire all of the fully paid ordinary shares that it does not hold in the issued share capital of Accent Group Limited (ASX: AX1) at a price of A$0.65 per Accent Share. The full terms of the Offer, together with the procedures for acceptance of the Offer, were set out in the Bidder's Statement issued by the Company on 15 June 2026.

Capitalised terms used in this announcement, unless otherwise defined, have the same meanings as set out in the Bidder's Statement.

On 23 July 2026, Barrenjoey Markets Pty Limited as Frasers' broker announced via the Australian Securities Exchange (ASX) that the Offer Period has been extended to close of trading on ASX (4:00pm, Sydney time) on 30 September 2026, unless further extended or withdrawn. No other terms of the Offer have changed.

Enquiries

Frasers Group plc

Christopher Wootton, Chief Financial Officer T. +44 344 245 9200

E. [email protected]
KBA PR

Keith Bishop
T. +44 207 734 9995

E. [email protected]
Emma Reid, Company Secretary

LEI: 213800JEGHHEAXIJDX34
T. +44 344 245 9200

E. [email protected]

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