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Director dealings: M&S director snaps up 50,000 shares
(Sharecast News) - Marks & Spencer revealed on Thursday that non-executive director Cheryl Potter had acquired 50,000 ordinary shares in the FTSE 100-listed retailer. Potter, who joined the board of M&S in March, purchased the shares on Wednesday at an average price of 247.0p each, for a total value of £123,500.
On Wednesday, Marks & Spencer reinstated its dividend and delivered a 56.2% rise in first-half profits, but sounded a note of caution about future trade in the lead-up to Christmas - citing higher interest rates, weather, and geopolitical events.
As of 1620 GMT, M&S shares were down 0.20% at 243.60p.
Reporting by Iain Gilbert at Sharecast.com
Top Director Buys
Marks & Spencer Group (MKS) Director name: Potter,Cheryl Amount purchased: 50,000 @ 247.00p Value: �123,500.00
Asia Dragon Trust (DGN) Director name: Noble,Susan Sternglass Amount purchased: 15,000 @ 335.50p Value: �50,325.00
Iwg (IWG) Director name: Pauly,Francois Amount purchased: 25,000 @ 139.70p Value: �34,924.42
Mila Resources (MILA) Director name: Stephenson,Mark Amount purchased: 1,100,000 @ 0.91p Value: �10,062.80
Kingswood Holdings Limited (KWG) Director name: Massing,Jonathan Amount purchased: 50,000 @ 14.00p Value: �7,000.00
Kingswood Holdings Limited (KWG) Director name: Massing,Jonathan Amount purchased: 50,000 @ 13.70p Value: �6,850.00
Mondi (MNDI) Director name: Powell,Mike Amount purchased: 11 @ 1,359.90p Value: �149.59
Mondi (MNDI) Director name: King,Andrew Amount purchased: 11 @ 1,359.90p Value: �149.59
Top Director Sells
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