10th Jul 2014 14:11
LONDON (Alliance News) - Tesco PLC Thursday said a group of executives including Chief Financial Officer Laurie McIlwee acquired shares at a price of 289.36806 pence per share Friday under the company Dividend Re-Investment Plan.
Details are as follows.
PDMR Number of shares
C Bush 3,873
J Easterbrook 1,679
K Grace 2,086
D Hobbs 2,683
T Masters 16,275
L McIlwee 2,437
A Morris 1,456
K Towle 5,586
Tesco also said Thursday that it has poached Marks and Spencer Group PLC's Chief Financial Officer, Alan Stewart, to assume the same role at the UK's biggest supermarket chain.
British high-street retailer Marks and Spencer said in a short statement Thursday that Stewart has stepped down, although the date of his departure and on what terms are yet to be agreed.
Shares in the retailer were trading 0.3% higher at 280.40 pence Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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