FX.co ★ Frasers Group Boosts Its Stake In Hugo Boss

Frasers Group has increased its investment in Hugo Boss, currently owning approximately 5.63 million shares of common stock, representing 7.99% of the total share capital. In addition, the group holds around 9.72 million shares through put options, equating to 13.81% of the total share capital.

Taking into account the net premium received, Frasers Group's total exposure related to its investments in Hugo Boss—based on the closing share price on July 10, 2024—amounts to roughly 490 million euros, or about 415 million pounds.