Frasers Group PLC Boosts Stake in XXL ASA

XXL ASA (GB:0R3P) has released an update.

Frasers Group PLC is set to acquire a significant stake in XXL ASA, amounting to 49,473,652 A-shares, following the issuance of new shares on June 18, 2024. This transaction will increase Frasers Group’s ownership to approximately 25.8% of XXL ASA’s total shares and 32.5% of the voting rights.

For further insights into GB:0R3P stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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