I disagree that their selling had an impact on the share price. They sold a bit under 4m shares in three and a half months which would be less than two days average volume. They are clearly not the sharpest tools in the shed though - could easily have placed the lot in a block trade at a higher level if they’d timed it better. Anyway who cares - obviously they won’t be buyers of the stock so with them no longer being substantial we’ll never hear from them again!
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Ann: Ceasing to be a substantial shareholder, page-8
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