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Marks and Spencer Group PLC (MKS.L)

MKS.L on London Stock Exchange

207.80GBp
16 Jul 2019
Change (% chg)

-0.50 (-0.24%)
Prev Close
208.30
Open
207.90
Day's High
211.80
Day's Low
207.60
Volume
6,111,458
Avg. Vol
8,547,338
52-wk High
302.32
52-wk Low
185.00

Latest Key Developments (Source: Significant Developments)

Superdry Appoints Former CFOs of M&S, New Look Group To Board
Thursday, 4 Jul 2019 

July 4 (Reuters) - Superdry PLC ::DIRECTORATE CHANGE.APPOINTMENTS OF HELEN WEIR AND ALASTAIR MILLER TO ITS BOARD.HELEN WEIR WILL ASSUME ROLE OF SENIOR INDEPENDENT DIRECTOR AND ALASTAIR MILLER WILL BECOME CHAIR OF AUDIT COMMITTEE.HELEN WEIR WAS MOST RECENTLY CHIEF FINANCIAL OFFICER (CFO) OF MARKS & SPENCER PLC.ALASTAIR MILLER SERVED AS CFO OF NEW LOOK GROUP FROM 2000 TO 2014.  Full Article

Marks & Spencer Announces Results Of Rump Placing
Thursday, 13 Jun 2019 

June 13 (Reuters) - Marks and Spencer Group PLC ::MARKS & SPENCER GRP - RESULTS OF RUMP PLACING.MARKS AND SPENCER-PROCURED SUBSCRIBERS FOR 48.3 MILLION SHARES FOR WHICH VALID ACCEPTANCES NOT RECEIVED REPRESENTING 14.86% OF NEW SHARES AT 211P A SHARE.MARKS AND SPENCER GROUP PLC - FOLLOWING ALLOTMENT COMPANY'S ISSUED SHARE CAPITAL CONSISTS OF 1.95 BILLION ORDINARY SHARES OF 25 PENCE EACH.  Full Article

Marks And Spencer Rump Placement Of New Shares: Bookrunner Says Offering Expected To Price At 211 Pence Per Share
Thursday, 13 Jun 2019 

June 13 (Reuters) - Bookrunner On Marks And Spencer Rump Placement Of New Shares::MARKS AND SPENCER RUMP PLACEMENT OF NEW SHARES: BOOKRUNNER SAYS OFFERING EXPECTED TO PRICE AT 211 PENCE PER SHARE.MARKS AND SPENCER RUMP PLACEMENT OF NEW SHARES: BOOKRUNNER SAYS BOOKS MULTIPLE TIMES OVERSUBSCRIBED.MARKS AND SPENCER RUMP PLACEMENT OF NEW SHARES: BOOKRUNNER SAYS BOOKS EXPECTED TO CLOSE AT 9:15AM UK TIME.  Full Article

Marks And Spencer Announces Results Of Rights Issue
Thursday, 13 Jun 2019 

June 13 (Reuters) - Marks and Spencer Group PLC ::MARKS AND SPENCER - 1 FOR 5 RIGHTS ISSUE OF 325 MILLION SHARES AT 185 PENCE/SHARE ANNOUNCED ON 22 MAY CLOSED FOR ACCEPTANCES ON 12 JUNE.MARKS AND SPENCER - RECEIVED VALID ACCEPTANCES IN RESPECT OF 276.7 MILLION SHARES, OR ABOUT 85.14 PERCENT OF TOTAL SHARES TO BE ISSUED.  Full Article

Pension Insurance Corp Says Signs £900 Mln Marks & Spencer Pension Scheme Buy-In
Thursday, 23 May 2019 

May 23 (Reuters) - PENSION INSURANCE::PIC SIGNS £900M M&S BUY-IN, AND TRADING UPDATE.SCHEME HAS TOTAL LIABILITIES OF £10 BILLION.CONCLUDED PENSION INSURANCE BUY-IN WITH TRUSTEE OF MARKS & SPENCER PENSION SCHEME, INSURING C.£900 MILLION OF PENSIONER LIABILITIES.TRUSTEE WAS ADVISED IN THIS TRANSACTION BY LCP, WITH LEGAL ADVICE PROVIDED BY LINKLATERS. PIC WAS ADVISED BY CMS.  Full Article

M&S expects sales trends to improve in current year - CEO
Wednesday, 22 May 2019 

May 22 (Reuters) - Marks & Spencer ::CEO SAYS UK CONSUMER ENVIRONMENT CURRENTLY "VOLATILE".M&S CEO SAYS EXPECTS SALES TRENDS IN BOTH CLOTHING AND FOOD TO IMPROVE IN CURRENT YEAR, WITH WEIGHTING TO SECOND HALF.M&S CEO SAYS STORE CLOSURE EXPECTATIONS HAVE NOT CHANGED.M&S CEO SAYS "MORE WORK TO DO" ON PRICES, WASTE AND AVAILABILITY IN FOOD.M&S CEO SAYS SPARKS LOYALTY CARD SCHEME CURRENTLY NOT DELIVERING WHAT M&S WANTS OR WHAT CUSTOMERS WANT.  Full Article

M&S CEO on Ocado deal - "We're paying a fair price"
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - M&S ::M&S <<>> CEO ON OCADO <<>> DEAL - "WE THINK WE'RE PAYING A FAIR PRICE".CEO ON OCADO <<>> DEAL - "THIS IS NOT ABOUT TODAY, THIS IS ABOUT THE FUTURE".  Full Article

Ocado CEO declines comment on reports of M&S tie-up talks
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Ocado ::CEO SAYS "OUR GROWTH STORY IS ONLY JUST BEGINNING".CEO DECLINES TO COMMENT ON REPORTS OF TALKS REGARDING TIE-UP WITH MARKS & SPENCER <<>>.CEO SAYS HAS GOOD RELATIONSHIP WITH WAITROSE <<>>.CEO SAYS RETAIL BUSINESS "IS CRITICAL PART OF GROUP", "IS NOT A NON CORE ASSET WE'RE LOOKING TO DISPOSE OF".CFO SAYS OCADO SOLUTIONS SALES TEAM "VERY BUSY", "TALKING TO LOTS OF PEOPLE".CEO SAYS NO EVIDENCE CUSTOMERS ARE HOARDING AMBIENT PRODUCTS AHEAD OF BREXIT.  Full Article

M&S CEO says "top line numbers where we expected to be"
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Marks & Spencer Group ::CEO SAYS "TOP LINE NUMBERS WHERE WE EXPECTED TO BE".CEO SAYS EXPECTS TO COMPLETE STORE CLOSURE PROGRAMME OVER NEXT YEAR AND A HALF.CEO SAYS JUSTIN KING'S APPOINTMENT AS NON-EXEC DIRECTOR "A WELCOME ADDITION TO THE BOARD".CEO SAYS HALFWAY THROUGH PRICE RESETS IN FOOD BUSINESS.CEO SAYS CURRENT FOOD BASKET SIZE NOT APPROPRIATE FOR FULL ONLINE FOOD PROPOSITION.  Full Article

M&S Bank chief Fox quits as HSBC link comes up for renewal- Sky News
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - :SUE FOX, WHO BECAME‎ CHIEF EXECUTIVE OF M&S BANK IN 2014, HAS RESIGNED TO RUN HSBC'S CHANNEL ISLANDS AND ISLE OF MAN OPERATIONS - SKY NEWS.  Full Article

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M&S CEO sacks clothing boss, assumes direct control of division

LONDON The chief executive of Marks & Spencer is to assume direct leadership of the British retailer's troubled clothing business after sacking the division's boss just two days after publicly criticizing chronic product availability.