they are entitled to sell before the meeting as long as they had no idea of what the result of the meeting would be. They could have as many hopes, plans and dreams as they wanted, but if they didn't know what the outcome would be then there is no problem. And the outcome of the meeting was...nothing.
You are right MJB, by some of the definitions here any company would not be able to accumulate shares in another because they are acting on plans that have not been revealed to the market yet. Absurd.
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