MFG magellan financial group limited

Ann: Final Director's Interest Notice - Brett Cairns, page-9

  1. 3,243 Posts.
    lightbulb Created with Sketch. 1227

    that's incorrect

    The notice on the 15th of Nov consolidated both his direct & indirect interests (where he has 1178k ordinary shares)
    The notice today separated them out.......451k+727k=1178k ordinary shares

    Now that he is no longer a director, he could sell anytime without any notice, but his $35m in ordinary shares are hardly material in the context of a $5.4bn MC company and even if he wanted to, he is smart enough not to sell the entire lot in one trade


 
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