directors cashing in on strong share price, page-12

I think you will find that this was deemed as an approved window at which time management and directors are 'allowed" to sell as it is agreed that all relevant information is in the public eye, and as such no claims of insider trading can be made.

I work for a big corporate and we have a number of specific trading days / periods each year

i.e. If senior staff need to sell they are advised to sell on the 25th of each month (or closest trading day to that) and then the top management and board etc have very specific trading windows just after each quarterly announcement.

As such I'm happy that they guys have just sold as I believe they have done there duty of fully informing the market of what is about to happen over the next 6 months and they have just derisked their portfolios a bit.