Extracts from CNE market day, page-22

Hi PJ,
Have a look at some rules.
This is extract of applicable rules. Either it was options exercised or the window was open. I believe it's the former. Any event. As I say, doesn't matter much to me, I sleep easier .

"Under DTR 3.1.2R, all “persons discharging managerial responsibilities” (“PDMRs”) and connected persons must disclose transactions conducted on their own account in the company’s shares. PDMRs include directors and other senior managers with access to inside information. Dealings disclosed to the company must be notified to an RIS. The FSA has published some guidance as to what is meant by “on own account”. A transaction is not considered to be “on own account” where a PDMR has not given any instruction or consent, or otherwise had any control over the transaction, for example the automatic vesting of a share award. Where the PDMR does exercise some form of control or consent, for example where an option is exercisable during an option period and the PDMR chooses the date on which to exercise, that will be a transaction “on own account” and will be notifiable."