Your on to it, the devil is in the detail if you dig further . The purpose!/ end of the day,shify, also waivers all past restricted agreements, you will see a flood of 3b notices next all in the planed timings : ) Gives the green light now for hundreds of millions shares to be cashed in : i think that first tranch 300mil odd that original was voted on was to be a 12 month hold restricted from memory just there, go dig,, then there is the suites 60mil performance shares likely will be issued and often interpreted by some as management buying, all coinciding with warm fuzzy announcement encouraging the pump often as they cash in/payday/dump alongside the other lucky associates . Muti nominee accounts used stayes under the 5%+ Substantial share holder disclosure sell rules etc.
Then again they might all hold onto every single one of there shares a.
But you would not need these by industry design cleansing notices or this funny little prospectus/ purpose! thingy i spose :
Just saying..
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Ann: Cleansing Prospectus, page-17
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