Read into this what you like but it's all explained in the notice. Nothing to see here imo.
The above-mentioned Ordinary Shares were received by Ms Hrdlicka on the automatic exercise of time-based rights in the Company (such time-based rights having been granted to Ms Hrdlicka as a one-off transition benefit compensating her for the forfeiture of incentive entitlements from her former employer as a result of her resignation to take up employment with the Company).
The sale of the above-mentioned Ordinary Shares has been made by Ms Hrdlicka in order to: (i) fund the tax obligations relating to the recent automatic exercise of timebased rights; and (ii) fund commitments made by Ms Hrdlicka prior to her taking up employment with the Company. Ms Hrdlicka retains a relevant interest in Time-Based Rights and Performance
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- Ann: Change of Director's Interest Notice
Ann: Change of Director's Interest Notice, page-4
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