Ann: Change of Director's Interest Notice, page-24

But he hasn't reduced his stake in the company, he still holds exactly the same number of shares in the company as he did prior to this. Options do not give you a stake in the company. Options do not give you voting rights. Options can expire and be worth nothing.

He has injected $232,000 into the company by exercising CROO options, something he technically does not have to do until closer to their expiry in July 2023. He has also shifted 11,076,000 shares from Rare Air to his personal holding by selling the shares in Rare Air, exercising the options under his name and purchasing 4,630,000 shares on and off market. This is why there is no net movement in the number of shares held.

The guy has over 300 million shares in CRO. If he can shuffle a few things around, exercise some options (and inject money into the company by doing so), and also put $260k into his own pocket while STILL holding over 300 million shares, then why not!?