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DIRECTOR DEALINGS SUMMARY: New Marks And Spencer CFO Buys Shares

Thu, 17th Sep 2015 16:09

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.

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Food and clothing retailer Marks & Spencer Group said new Chief Financial Officer Helen Weir bought 2,500 shares at a price of GBP4.92789 per share.

The purchase is her only holding after being appointed in April.

Weir held key roles at other prominent UK companies prior to joining M&S, having previously been finance director of the John Lewis Partnership. She was also the head of retail banking at Lloyds Banking Group and the finance director of B&Q owner Kingfisher in the past and is currently a non-executive director at Anglo-South African brewer SABMiller.

The stock closed flat at 492.70p Thursday.

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Berendsen said Peter Havéus, a divisional manager, sold 50,000 shares at a price of 1,014 pence per share. Following this transaction, Havéus holds 310,628 shares. Shares in the company, which provides cleaning and maintenance services for workwear and linen, closed down 0.2% at 1,021.89p Thursday.

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McBride said Chief Operating Officer Greg Methven sold 13,036 shares at GBP1.4875 each on Monday. Shares in the household goods maker closed up 1.5% at 153.25 pence Thursday.

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Inchcape said Chief Executive Officer Stefan Bomhard bought 12,000 shares at a price of GBP7.3337225 per share. Following this transaction, Bomhard holds 33,339 shares, which represents 0.008% stake in the firm. Shares in the automotive distributor and retailer closed up 0.4% at 736.50p Thursday.

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WPP said Non-Executive Director Ruigang Li bought 4,000 shares at a price of 1,351 pence per share Wednesday. The purchase is Li's only holding in the advertising and marketing group. The stock closed flat at 1,363.36p Thursday.

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Mothercare said Chief Executive Officer Mark Newton-Jones bought 21,843 shares at a price of 227.3148 pence per share Wednesday. Following this transaction, Newton-Jones holds 248,829 shares, which represents 0.14% stake in the firm. Shares in the mother and baby products retailer closed down 2.3% at 227.00p Thursday.

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Avanti Communications Group said Non-Executive Director Andrew Green bought 21,888 shares at a price of 218 pence per share on Wednesday. The purchase is his only holding in the satellite communication services company. The stock closed up 5.0% at 224.25p Thursday.

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Conygar Investment Co said Finance Director Peter Batchelor sold 300,000 shares at a price of 171 pence per share on Wednesday. Following this transaction, Batchelor's notifiable holding is 808,001 shares, representing 0.98% of the total voting rights. Shares in the property investment and development company were down 1.5% at 168.00p Thursday.

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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.

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