Frasers Group's HUGO BOSS offer reaches 47.89%, 78.05% with put options

Frasers Group plc said its voluntary public takeover offer for HUGO BOSS at EUR 38.00 a share attracted acceptances for 12,157,598 shares by the end of the additional acceptance period on 13 August 2026, equal to about 17.62% of HUGO BOSS's share capital and voting rights. Combined with the bidder's existing 20,897,361-share stake, or about 30.28%, accepted shares rose to 33,054,959 shares, or about 47.89%. Including instruments under section 38(1) sentence 1 no. 2 WpHG (German Securities Trading Act) tied to 20,809,300 voting rights through put options, the total reached 53,864,259 shares, or about 78.05%. Frasers said the offer condition under section 13 of the offer document, governed by WpÜG (German takeover law), was satisfied on 27 July 2026 and not waived, so settlement is due no later than the seventh Trading Day after publication of the announcement.

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