A. Lekkas ( who was in attendance)was still in possession of all of his shares and later learned he has actually increased his holding since resigning.Val will not be pleased!!
EIO issued capital - 239,726,983
19 April Final Director's interest (Athan Lekkas) 5,150,000 shares (2.1%)
1 June Investor presentation (Athan Lekkas) 1.8% holding
1.8% = approximately 4,315,000 shares.
My conclusion - the company has either incorrectly stated his current holding or perhaps you misunderstood your conversation with him or perhaps he is trading EIO? Selling as high as 2.3 cents in April/May and buying backing cheaper in June and surpassing his original holding of 5,150,000?
From my calculations Athan Lekkas has therefore disposed of approximately 835,000 shares as at 1 June.
The only way to know what he holds today is to have a copy of the current share register.
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