Interesting but probably not in the way you are...

Interesting but probably not in the way you are thinking.
Hansjoerg Plaggemars is a director of ATC and has now been appointed to the
management board of Delphi Unternehmensberatung Aktiengesellschaft.





This means from now on any trading of ATC shares by Delphi Unternehmensberatung Aktiengesellschaft will require a 3Y as Hansjoerg Plaggemars is deemed to now have an indirect interest in the Delphi shares. So we get transparency with Delphi.
Unfortunately this is not the case for Deutsche Balaton which is wrong IMO given both companies have the same owner.
Both companies, while strong financial supporters of both ATC and AAM, have a history of selling down after big announcements and just before CRs.
As of the last CR the combined Deutsche Balaton and Delphi holdings are at the maximum they can be without requiring Takeover Panel approval.
IMO they will collectively repeat their past strategy and sell heavily into future big good announcements and then buy back in up to their limit at the next heavily discounted CR.