BlacK Rock playing, I am the idiotic fund manager and I can do what I want.
Their previous notice showed them holding 5.02%, today's notice ticks it a fraction below 5.0%, hence they are longer a substantial holder.
Most would read the headline that they have sold out.
Maybe the rule should change that a substantial holder is anyone with more than 3%. Then this crap irrelevant.
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- Ann: Ceasing to be a substantial holder
Ann: Ceasing to be a substantial holder , page-2
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