LONDON (Alliance News) - Marks and Spencer Group PLC said Chief Financial Officer Helen Weir bought 25,000 shares at a price of 318.92 pence per share on Monday.
Weir's total shareholding was undisclosed.
The food, clothing and homewares retailer on Thursday reported reported the worst fall in clothing & home sales in a decade, leaving analyst unimpressed and some observers expressing concern over M&S's outlook in the wake of the UK's decision to leave the European Union.
M&S said clothing & home continued to be hit by a "weak market", with like-for-like sales down by 8.9% in the first quarter..
The stock was up 4.2% at 330.70p Monday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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Marks & Spencer (MKS)