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DIRECTOR DEALINGS: Next Chief Executive Acquires Shares

Wed, 30th Apr 2014 16:25

LONDON (Alliance News) - Next PLC Wednesday said Chief Executive Simon Wolfson acquired 1,008 shares at a price of 6,335 pence per share Tuesday as part of a share plan vesting.

Following this transaction, Wolfson holds 1.5 million shares, which represents 0.9773% stake in the clothing retailer.

Next on Wednesday raised its profit and sales guidance forecasts for the year ahead, after reporting strong sales growth in the first quarter of the year from both its retail stores and online business.

Next shares closed at 6,520.00 pence, up 0.5%.

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2014 Alliance News Limited. All Rights Reserved.

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