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Bostock reduces stake in Marks and Spencer before exit

Fri, 17th Aug 2012 16:12

Kate Bostock, who is quitting her role as Executive Director of General Merchandise at Marks and Spencer, has taken advantage of the recent rise in the retailer's share price with a double sale of shares late on Thursday. Bostock, who announced her exit in July but will stay on until October, sold a total of 244,877 shares, taking her stake in the company to just 64,526 shares. 122,160 of the shares were sold post exercise for 356p a pop, while the remaining 122,717 shares were traded in for 359.40p. In total Bostock pocketed £875,934 from the transaction. The director is leaving M&S "by mutual consent to pursue other interests" following a disappointing set of second-quarter results which saw a 2.8% decline in like-for-like UK sales.M&S's share price was given a boost earlier this month after it was reported that financiers were considering making a £6bn bid for the group. The stock has gained over 11% in the past month. Top Director BuysLSL Property Services (LSL) Director name: Mr Simon EmbleyAmount purchased: 180,000 @ 200.00p Value: £360,000LSL Property Services (LSL) Director name: Mr David NewnesAmount purchased: 50,000 @ 200.00p Value: £100,000North Atlantic Smaller Companies Inv Trust (NAS) Director name: Mr Christopher H B MillsAmount purchased: 3,500 @ 1,020.00p Value: £35,700The Real Good Food Company (RGD) Director name: Mr Peter Cecil SalterAmount purchased: 50,000 @ 42.50p Value: £21,250Media Corporation (MDC) Director name: Mr Mark Andrew ButtAmount purchased: 3,000,000 @ 0.60p Value: £18,000F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 17,000 @ 89.97p Value: £15,295Top Director SellsNews Corp. 'A' Shares (NCRA) Director name: Mr Rupert MurdochAmount sold: 182,539 @ $23.30 Value: $4,253,159News Corp. 'A' Shares (NCRA) Director name: Mr Chase CareyAmount sold: 77,290 @ $23.30 Value: $1,800,857News Corp. 'A' Shares (NCRA) Director name: Mr Arthur SiskindAmount sold: 73,491 @ $23.30 Value: $1,712,340News Corp. 'A' Shares (NCRA) Director name: Mr James MurdochAmount sold: 71,358 @ $23.30 Value: $1,662,641News Corp. 'A' Shares (NCRA) Director name: Mr David DeVoeAmount sold: 64,310 @ $23.30 Value: $1,498,423News Corp. 'A' Shares (NCRA) Director name: Mr Rupert MurdochAmount sold: 55,066 @ $23.30 Value: $1,283,038News Corp. 'A' Shares (NCRA) Director name: Mr Rupert MurdochAmount sold: 50,183 @ $23.30 Value: $1,169,264News Corp. 'A' Shares (NCRA) Director name: Mr Chase CareyAmount sold: 43,476 @ $23.30 Value: $1,012,991News Corp. 'A' Shares (NCRA) Director name: Mr Rupert MurdochAmount sold: 40,438 @ $23.30 Value: $942,205News Corp. 'A' Shares (NCRA) Director name: Mr Rupert MurdochAmount sold: 36,852 @ $23.30 Value: $858,652NR
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Real Good Food shares surge after securing GBP2.5 million funding

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21 Nov 2022 11:15

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20 Oct 2022 15:58

UK shareholder meetings calendar - next 7 days

Friday 21 October 
Diurnal Group PLCGM re Neurocrine takeover
Trafalgar Property Group PLCAGM
Monday 24 October 
Echo Energy PLCGM new ordinary shares conversion
Fintech Asia LtdAGM
Rural Broadband Solutions PLCEGM investment from Tiger Infrastructure Partners Fund and name change
Seraphim Space Investment Trust PLCAGM
Vast Resources PLCGM allotment of equity securities
Tuesday 25 October 
Hammerson PLCGM re proposed capital reduction
International Consolidated Airlines Group SAEGM 
Next Fifteen Communications Group PLCGM cash and share acquisition
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Tritax EuroBox PLCGM Investment Management Agreement
Vertu Capital LtdGM readmission of ordinary shares
Wednesday 26 October 
JPMorgan Global Growth & Income PLCAGM
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Mid Wynd International Investment Trust PLCAGM
Mirada PLCAGM
Omega Diagnostics Group PLCAGM
Woolworths Group LtdAGM
Thursday 27 October 
Alumasc Group PLCAGM
Brooks Macdonald Group PLCAGM
City Of London Investment Trust PLCAGM
Filtronic PLCAGM
Hargreaves Services PLCAGM
National Milk Records PLCAGM
Ovoca Bio PLCAGM
PCI-PAL PLCAGM
Provexis PLCAGM
Real Good Food PLCAGM
South32 LtdAGM
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Copyright 2022 Alliance News Limited. All Rights Reserved.

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3 Oct 2022 11:33

Real Good Food loss widens on impairment; tough year ahead

(Alliance News) - Real Good Food PLC on Monday reported a widened loss for the most recent financial year, despite a rise in revenue, ahead of a "challenging" new financial year.

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30 Sep 2022 13:08

Real Good Food says trading remains tough and intends to cut more jobs

(Alliance News) - Real Good Food PLC on Friday said it is considering further job cuts as macroeconomic headwinds continue to create tough trading conditions.

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30 Sep 2022 11:25

AIM WINNERS & LOSERS: Science in Sport puts up for sale sign

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30 Sep 2022 09:19

Real Good Food YTD volumes slip amid 'challenging' trading environment

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21 Apr 2022 14:26

IN BRIEF: Real Good Food finance director to depart at end-September

Real Good Food PLC - Liverpool-based cake decorations - Finance Director Maribeth Keeling will leave the company on September 30 "to pursue other interests", having served since July 2019. Real Good Food says it is seeking an interim finance director to allow for a smooth handover.

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20 Apr 2022 13:36

IN BRIEF: Real Good Food performs below expectations amid shortages

Real Good Food PLC - Liverpool-based food producer - Reports revenue of GBP40.5 million for the year ending March 31, representing a 9.0% increase on the previous year. Narrows pretax loss to GBP2.8 million from a loss of GBP6.1 million the previous year. Company says this performance is below what it had anticipated, having performed strongly in the first half of its financial year. Cites a "disappointing" third quarter performance due to severe shortages and "erratic" deliveries of key ingredients. Looking forward, company expects a "challenging" environment in terms of cost and demand pressures.

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20 Apr 2022 12:32

Tough six months sees Real Good Food fall short of forecasts

(Sharecast News) - Real Good Food reported full-year revenue of £40.5m in a trading update on Wednesday - an increase of 9.0% on last year, but below the pre-pandemic prior year.

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14 Feb 2022 10:55

Real Good Food shares fall on lower sales due to Omicron related woes

(Alliance News) - Real Good Food PLC shares tumbled on Monday after the food producer said that sales in December and January had been "much lower than anticipated" due to Omicron related supply issues, delivery challenges and high absence rates.

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14 Feb 2022 10:26

AIM WINNERS & LOSERS: MTI profit warning; Amur falls on Russia turmoil

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14 Feb 2022 08:41

Shortages, staff absences dent sales at Real Good Food

(Sharecast News) - Cake decorations maker Real Good Food said on Monday that second-half revenue was set to be similar to the same period a year prior after shortages and staff absences dented sales in December and January.

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