Director dealings: M&S director snaps up 50,000 shares
Marks & Spencer revealed on Thursday that non-executive director Cheryl Potter had acquired 50,000 ordinary shares in the FTSE 100-listed retailer.
FTSE 100
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17:14 05/11/24
FTSE 350
4,502.88
16:59 05/11/24
FTSE All-Share
4,460.27
16:39 05/11/24
General Retailers
4,554.07
16:59 05/11/24
Marks & Spencer Group
383.50p
17:15 05/11/24
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
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