Ann: Managing Director resignation, page-355

Is it really a sale? The Final Director's Notice for the date that he ceased being a director (05/11/21) has him holding 5,130,872 directly and his spouse holding 4,185,095. The Director Transaction Type, also for the 5th, that you have posted here is a "Transfer", not a "Sell". I don't know whether Sell types of transactions that are conducted off-market have to be designated as such in this record. But even if they don't have to be, and the nominal "Type" is used for all transactions conducted off-market, then the transfer may still not be a sell. It could be a transfer to another entity, e.g. a trust or a company, that they or their family are the beneficiaries of, rather than a transfer to a person or entity that they have no interest in. The fact that these are equal amount transfers suggests that this might be the case.