Arnotts non-executive director Mr Brian Davy has spent almost £266,000 buying another 50,000 shares in the department store group. Mr Davy bought the 50,000 shares in the market last Friday at €6.75 each and has increased his shareholding in Arnotts to 154,884 shares.

In another disclosure, James Crean has disclosed that executive director Mr Martin Delaney bought another 25,000 shares for just under 22,000. Mr Delaney bought the shares at €1.10 each last week, and this follows a previous purchase of 55,000 shares.

McInerney director Mr Dan McInerney has spent almost £97,000 after buying 70,000 McInerney shares in the market at €1.75 each. Mr McInerney's stake after the share purchase stands at 370,978 shares.