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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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9 Mar 2020 18:04

Real Good Food Executive Director Richardson To Leave For New Role

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29 Nov 2019 09:11

Real Good Food Interim Loss Narrows; Confident In Making Progress

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29 Nov 2019 07:38

Food ingredients division helps Real Good Food to narrow losses

(Sharecast News) - Real Good Food posted a narrowing of its interim losses on Friday as a "stellar" performance from its food ingredients business and cost savings helped to offset a more challenging period for the cake decorations segment.

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24 Oct 2019 15:00

Real Good Food Appoints Gail Lumsden As Non-Executive Director

Real Good Food Appoints Gail Lumsden As Non-Executive Director

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10 Oct 2019 12:05

Real Good Food Appoints Frenkel Topping Chair As Executive Director

Real Good Food Appoints Frenkel Topping Chair As Executive Director

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26 Sep 2019 12:48

Real Good Food Reports Mixed Performance In Recently Started Year

Real Good Food Reports Mixed Performance In Recently Started Year

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26 Sep 2019 09:40

Real Good Food hails 'very positive' trading

(Sharecast News) - Food manufacturer Real Good Food said on Thursday that trading in the new financial year had been "very positive".

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3 Sep 2019 11:25

Real Good Food Boss Cawley Resigns Amid Major Role Change On Disposals

(Alliance News) - Cake decoration and food ingredients firm Real Good Food PLC said Tuesday Chief Executive Officer Hugh Cawley will step down from the firm after a series of asset disposals the -

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3 Sep 2019 09:03

Real Good Food CEO Hugh Cawley steps down

(Sharecast News) - Real Good Food said on Tuesday that chief executive officer Hugh Cawley will step down with immediate effect and leave the company at the end of the month.

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30 Aug 2019 14:02

Real Good Food Non-Executive Steve Dawson To Step Down October End

(Alliance News) - Real Good Food PLC on Friday said Independent Non-Executive Director Steve Dawson will be stepping down from the board on October 31.Dawson joined the food business, which

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23 Aug 2019 12:08

Real Good Food secures new ?8.87m credit facility

(Sharecast News) - Real Good Food has secured a total credit facility of £8.87m from Leumi ABL, it announced on Friday, enabling it to repay certain debt facilities provided by its three major shareholders - Napier Brown, Omnicane International Investors, and certain funds managed by Downing LLP.

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23 Aug 2019 10:39

Real Good Food Secures GBP8.9 Million Loan Facility From Leumi

(Alliance News) - Cake decoration and food ingredients maker Real Good Food PLC said Friday it has secured a total credit facility of GBP8.9 million from lender Leumi ABL Ltd.The loan a a a

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16 Aug 2019 10:57

WINNERS & LOSERS SUMMARY: RBS Makes Partial Comeback After Steep Fall

(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Hiscox, a

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16 Aug 2019 09:27

Real Good Food Annual Loss Widens; Current Trading Robust

(Alliance News) - Cake decoration and food ingredients business Real Good Food PLC on Friday said impairment charges related to a business turnaround programme led to a sharply widened annual a of

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16 Aug 2019 07:36

Real Good Food annual loss widens to £27m

(Sharecast News) - Real Good Food said it was trading in line with its own modest expectations on Friday as the food ingredients and cake decoration company reported a £27m annual loss.

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