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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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12 Aug 2019 13:39

Real Good Food Negotiates Extended Payment Deadline For Loans

(Alliance News) - Real Good Food PLC said Monday it has negotiated with its three major shareholders an extension of repayment dates to funding arrangements.Former subsidiary Napier Brown a

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15 Jul 2019 11:26

Real Good Food Promotes Unit Numbers Head Keeling To Finance Chief

(Alliance News) - Real Good Food PLC said Monday that divisional finance head Maribeth Keeling had been promoted to group chief financial officer for the cake decoration and food ingredients firm

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30 May 2019 09:31

Real Good Food Shuffles Board After Being Fined For AIM Rule Breaches

LONDON (Alliance News) - Real Good Food PLC on Thursday said it has been fined GBP450,000 by the London Stock Exchange in addition to a public censure of the company related to AIM market rules at

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13 Mar 2019 14:10

Real Good Food CEO To Take On CFO Duties As Harveen Rai To Depart

LONDON (Alliance News) - Real Good Food PLC said Monday that Chief Financial Officer Harveen Rai will step down and leave the company at the end of the month.The cake decoration and food no

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8 Mar 2019 15:50

Real Good Food reaches out-of-court settlement with former sugar supplier

(Sharecast News) - Real Good Food said on Friday that it has reached an out-of-court settlement with one of its former sugar suppliers.

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1 Feb 2019 10:24

Real Good Food sells off patisserie arm

(Sharecast News) - Real Good Food sold its RGF Patisserie subsidiary to Chantilly Patisserie as part of £200,000 deal on Friday.

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1 Feb 2019 08:28

Real Good Food Sells RGF Patisserie To Management For GBP200,000

LONDON (Alliance News) - Real Good Food PLC on Friday said it completed the sale of RGF Patisserie Ltd to its management team for GBP200,000 in cash.The company, sold the business, trading

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20 Dec 2018 09:04

Real Good Food disposes of jams and preserves unit

(Sharecast News) - Bakery and ingredients developer Real Good Food disposed of its jams and preserves wing R&W Scott for a total of £1.5m in cash on Thursday.

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10 Oct 2018 12:38

North Midland Hires Former Low & Bonar CFO As Non-Executive Director

LONDON (Alliance News) - North Midland Construction PLC said Wednesday it has hired former Low & Bonar PLC Chief Financial Officer Michael Holt as an independent non-executive director, was of

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28 Sep 2018 13:02

Real Good Food Loss Widens On Impairment Charges Despite Revenue Rise

LONDON (Alliance News) - Real Good Food PLC said on Friday its pretax loss widened in its last financial year due to impairment charges, despite reporting double-digit growth in revenue.The

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19 Sep 2018 13:44

Real Good Food Appoints Former Walkers Unit CEO As Non-Exec Director

LONDON (Alliance News) - Real Good Food PLC on Wednesday appointed Steve Dawson as an independent non-executive director with immediate effect.The food company said Dawson is currently the

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6 Sep 2018 10:16

Bakkavor Interim Profit Jumps; Buys Haydens Bakery From Real Good Food

LONDON (Alliance News) - Bakkavor Group PLC on Thursday reported a sharp jump in first half profit and said it has acquired for GBP12 million a bakery business serving major UK grocery FTSE 250 -

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6 Sep 2018 08:07

Bakkavor H1 profit rises, buys Haydens Bakery for £12m

(Sharecast News) - Fresh prepared food provider Bakkavor announced the acquisition of Haydens Bakery from Real Good Food for £12m on Thursday as it posted a rise in first-half profit and revenue.

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10 Aug 2018 09:30

Real Good Food Finds Good Appetite For GBP1 Million Share Offer (ALLISS)

LONDON (Alliance News) - Real Good Food PLC said Friday it had raised GBP1.0 million through an oversubscribed, though heavily discounted, open offer as part of the process of refinancing the cake

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7 Aug 2018 15:36

Real Good Food Hires Former Low & Bonar CFO As Non-Executive Director

LONDON (Alliance News) - Real Good Food PLC on Tuesday said it appointed Michael Holt as an independent non-executive director with immediate effect.The cake, decoration & bakery firm a

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