M&S boss denies share deal wrongdoing

Marks & Spencer boss Stuart Rose today denied any wrongdoing in a share deal completed hours after a phone call with retail tycoon Philip Green.

M&S boss denies share deal wrongdoing
Mon, 28 Jun, 2004 - 10:04

Marks & Spencer boss Stuart Rose today denied any wrongdoing in a share deal completed hours after a phone call with retail tycoon Philip Green.

Mr Rose said he was “perfectly satisfied” with his behaviour in buying 100,000 shares in M&S on May 7 – five days before Mr Green informed him of an intention to bid for the retailer.

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CourtsBusinessHeathrowPerson: Stuart RosePerson: Philip GreenPerson: RosePerson: GreenPerson: Roger HolmesOrganisation: M&SOrganisation: Marks & SpencerOrganisation: M&Organisation: Financial Services AuthorityOrganisation: FSAOrganisation: BBC Radio 5 LiveOrganisation: London Stock Exchange
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