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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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17 May 2018 16:45

Real Good Food Confirms GBP8.2 Million Shareholder Funding

LONDON (Alliance News) - Real Good Food PLC on Thursday said it had confirmed agreements for funding from major shareholders worth GBP8.2 million.Earlier in May, the company had said Napier

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4 May 2018 16:27

Real Good Food Secures GBP8.2 Million From Major Shareholders

LONDON (Alliance News) - Real Good Food PLC said Friday it agreed terms for at least GBP8.2 million funding from major shareholders.This follows an end of March announcement by the company

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27 Mar 2018 17:10

Real Good Food Secures GBP4 Million Loan From Major Shareholders

LONDON (Alliance News) - Shareholders in Real Good Food PLC, a cake decoration and food ingredients company, executed a term sheet providing a loan for GBP4 to pressure

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2 Feb 2017 12:29

Ingredient price rises a concern for Real Good Food

(ShareCast News) - Real Good Food updated the market on its trading on Thursday, having previously indicated that it makes the majority of is profits in the second half of the year, which includes the important third quarter trading period for cake decoration and premium bakery in the run up to Chri

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6 Dec 2016 10:51

Real Good Food warns earnings could fall short of market views

(ShareCast News) - Diversified food business Real Good Food said its pre-tax loss widened in the six months to the end of September and warned there was a risk its year-end earnings before interest, tax, depreciation and amortisation could miss market expectations. The company reported a loss before

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19 Sep 2016 09:47

Real Good Food expands cake decorating business into US

(ShareCast News) - Real Good Food announced its expansion in the US on Monday through the creation of new subsidiary Renshaw Americas. Renshaw Americas has secured a five-year lease on a 18750 sq ft. warehousing facility in Rockaway, New Jersey, which the company said was an ideal location for onwa

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12 Sep 2016 11:03

Real Good Food baking up maiden dividend

(ShareCast News) - Real Good Food revealed that it is planning on paying a first dividend next year and that trading at its bakery and cake decorating businesses has been satisfactory. On the day of the AIM-listed food manufacturing company's annual shareholder meeting, executive chairman Pieter Tot

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1 Aug 2016 12:23

Real Good Food swings to FY profit but revenues drop

(ShareCast News) - Diversified food business Real Good Food swung to a full-year profit thanks to the sale of its sugar division Napier Brown, but revenue dropped sharply. In the year to the end of March, the company generated a statutory pre-tax profit of £12.9m compared to a loss of £3.5m the year

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19 May 2016 09:46

Real Good Food Opens Technology And Training Hub In Liverpool

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26 Apr 2016 08:22

Real Good Food Annual Earnings To Be Line With Current Expectations

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10 Feb 2016 13:53

Real Good Food buys Devon-based Chantilly Patisserie

(ShareCast News) - Real Good Food's wholly-owned subsidiary Haydens Bakery has bought Chantilly Patisserie for £1.75m, using existing cash resources. For the 12 months to March 2015, Chantilly - a Devon-based producer of handmade frozen desserts - had turnover of £2.5m and earnings before interest,

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10 Feb 2016 09:37

Real Good Food's Haydens Bakery Buys Devon-Based Chantilly Patisserie

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1 Feb 2016 09:46

Real Good Food warns on profits

(ShareCast News) - As it reorganises under its new 'three pillars' strategy, Real Good Food has warned that profits will be short of market expectations. Margins have been squashed due to the heavy investment in staff and development of products and brands as part of the shift to the three pillars o

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1 Feb 2016 08:18

Real Good Food Warns On Full-Year Profit After Heavy Investing

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10 Dec 2015 08:48

Real Good Food Buys ISO2 Nutrition Business From Administrators

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