Andy, I don't know for sure whether there is or isn't any hard feelings.
What I do know for sure is human nature; and I find it hard to believe that a company founder "resigns" voluntarily.
If it's for health or other reasons, maybe; however, 4 months later, MB had taken the helm at TTE/GEV, so it wasn't for health or retirement reasons.
To me, that doesn't send a signal of all things smelling roses when he "resigned" from LNG.
Similarly, as you so correctly state, MB held approximately 6m LNG shares on his resignation, and it would've been in his best interests not to draw attention to any ill feeling or friction with the board given that it would've negatively impacted the share price and consequently the value of his own shareholding.
However
@andy bee, where your research is a bit tardy, is that MB is no longer the holder of 6m LNG shares.
In last year's Annual Report Top 20, Sasigas Noms. P/L, MB's private company, was shown as holding 4.4m shares.
In this year's Annual Report Top 20, Sasigas Noms. P/L doesn't crack a mention, even though it takes only 1.2m shares to crack the Top 20.
Therefore, I wouldn't be so sure of the "no hard feelings" and you definitely got it wrong with the "indeed still holds about 6+mill shares".
If MB holds any sway over Meridian and its decision making - and it's my contention that he does; and MB no longer has a shareholding in LNG - and it's my contention that he doesn't - then LNG and its relationship with Meridian is not one that I'd be taking for granted if I were an LNG shareholder.
