Betaville

RARE ALERT: ASOS said to ... - Part 22

Apologies - it looks like little old Betaville got the recent Frasers Group stakebuilding announcement completely back to front.

It would appear Mike Ashley's Frasers Group has actually reduced its shareholding down from 23pc to 18.9pc. Below is a link to the announcement:..

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RARE ALERT: ASOS said to ... - Part 21

Mike Ashley's Frasers Group has just topped its stake in Asos, the London-listed online fashion retailer.

Frasers Group this afternoon disclosed it now owns 23pc of Asos. Below is the link to the announcement:

https://otp.tools.investis.com/clients/uk/sports_direct1/rns/regulatory-story.aspx?cid=723&newsid=1728077..

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RARE ALERT: ASOS said to ... - Part 20

So, Mike Ashley's Frasers Group has upped its stake further in online retailer Asos to 22.8pc whilst also increasing the shareholding in rival digital fashion firm Boohoo to 15.1pc.

The dual stakebuilding does raise questions about whether Ashley, a well-known gambler, is ultimately plotting a bid for both companies.

Little old Betaville, though, assumes one of these stakebuildings could be a head fake.....

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RARE ALERT: ASOS said to ... - Part 19

Mike Ashley's Frasers Group is back at it.

After a brief pause Frasers Group has increased his stake in London-listed fashion retailer Asos to 19.1pc. Below is the link:

https://otp.tools.investis.com/clients/uk/sports_direct1/rns/regulatory-story.aspx?cid=723&newsid=1718287..

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RARE ALERT: ASOS said to ... - Part 17

So, today the British retail tycoon Mike Ashley showed that he has increased his stake in another London-listed online fashion retailer - Boohoo.

Or rather Frasers Group - the retail giant Ashley has built over the last twenty years and still controls - now owns 9.1pc of Boohoo. Below is a link to today's announcement:..

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RARE ALERT: ASOS said to ... - Part 15

Little old Betaville suspects it won't be too long now before Mike Ashley's Frasers Group becomes the largest shareholder in ASOS.

That's because yesterday Frasers Group disclosed once again that it had been accumulating more stock in the London-listed online fashion retailer.

According to regulatory filings, Frasers Group now owns 19.3pc of ASOS. Below is the link to yesterday's announcement:..

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RARE ALERT: ASOS said to ... - Part 11

Tucked away in the back of Oliver "Shahsy" Shah's business comment column in yesterday's The Sunday Times was a line about what retail billionaire Mike Ashley might do next at Asos, the London-listed fashion retailer.

Loyal readers will know that Frasers Group, the retail giant controlled by Ashley, has been building up a sizeable shareholding in fashion retailer Asos, which late last year received a takeover approach from Turkish firm Trendyol...

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RARE ALERT: ASOS said to ... - Part 10

Mike Ashley's Frasers Group has increased its shareholding in Asos, the London-listed online fashion retailer, to just over 15pc. Below is a link to this morning's announcement:

https://www.londonstockexchange.com/news-article/ASC/holding-s-in-company/16057780

Perhaps that's the reason Asos's stock has been on a tear in recent weeks, rising from 300p to just over 400p...

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RARE ALERT: ASOS said to ... - Part 8

Another week, another increase in Mike Ashley's stake in Asos, the London-listed online clothing retailer.

Today Frasers Group - which Ashley controls as the largest shareholder - announced it now owns almost 10.6pc of Asos, which today also unveiled figures showing a return to profitability. Below is a link to this morning's announcement about the stakebuilding from Frasers:..

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