RAC 0.63% $1.59 race oncology ltd

Ann: Trading Policy Update, page-28

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  1. 3,850 Posts.
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    I wonder what the trading policy is in the case of a company executive holding a mountain of shares who gets a divorce. What if the divorce settlement required the partner to be granted half the mountain of shares?

    Would the now ex-partner be allowed to sell whenever he/she liked, without having to ask for permission, or to notify the market that they had sold (assuming they held under 5% of total shares on issue)?





    Last edited by hotcongo: 13/10/21
 
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