LONDON (ShareCast) - 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 Buys

LSL Property Services (LSL)
Director name: Mr Simon Embley
Amount purchased: 180,000 @ 200.00p
Value: £360,000

LSL Property Services (LSL)
Director name: Mr David Newnes
Amount purchased: 50,000 @ 200.00p
Value: £100,000

North Atlantic Smaller Companies Inv Trust (NAS)
Director name: Mr Christopher H B Mills
Amount purchased: 3,500 @ 1,020.00p
Value: £35,700

The Real Good Food Company (RGD)
Director name: Mr Peter Cecil Salter
Amount purchased: 50,000 @ 42.50p
Value: £21,250

Media Corporation (MDC)
Director name: Mr Mark Andrew Butt
Amount purchased: 3,000,000 @ 0.60p
Value: £18,000

F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 17,000 @ 89.97p
Value: £15,295


Top Director Sells

News Corp. 'A' Shares (NCRA)
Director name: Mr Rupert Murdoch
Amount sold: 182,539 @ $23.30
Value: $4,253,159

News Corp. 'A' Shares (NCRA)
Director name: Mr Chase Carey
Amount sold: 77,290 @ $23.30
Value: $1,800,857

News Corp. 'A' Shares (NCRA)
Director name: Mr Arthur Siskind
Amount sold: 73,491 @ $23.30
Value: $1,712,340

News Corp. 'A' Shares (NCRA)
Director name: Mr James Murdoch
Amount sold: 71,358 @ $23.30
Value: $1,662,641

News Corp. 'A' Shares (NCRA)
Director name: Mr David DeVoe
Amount sold: 64,310 @ $23.30
Value: $1,498,423

News Corp. 'A' Shares (NCRA)
Director name: Mr Rupert Murdoch
Amount sold: 55,066 @ $23.30
Value: $1,283,038

News Corp. 'A' Shares (NCRA)
Director name: Mr Rupert Murdoch
Amount sold: 50,183 @ $23.30
Value: $1,169,264

News Corp. 'A' Shares (NCRA)
Director name: Mr Chase Carey
Amount sold: 43,476 @ $23.30
Value: $1,012,991

News Corp. 'A' Shares (NCRA)
Director name: Mr Rupert Murdoch
Amount sold: 40,438 @ $23.30
Value: $942,205

News Corp. 'A' Shares (NCRA)
Director name: Mr Rupert Murdoch
Amount sold: 36,852 @ $23.30
Value: $858,652

NR

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