VOC 0.00% $5.49 vocus group limited

Ann: Initial Director's Interest Notice, page-4

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    From yesterdays announcement he has "cash settled equity derivatives in a further 8.66%", net shorts on shortman was 9.25%, so does that mean there is only 0.59% of other shares shorters are lending to other people ?

    I assume someone has to be lending him the shares for that 8.66 somehow, but are those people considered 'shorters' from ASIC (and shortmans) point of view ?
 
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