RE: CEO share sales23 Mar 2021 18:08
Yes very good news.
No new shares being issued.
Increases the ii base, there are only four large holders at the moment, five now Vision Blue have invested their money.
The book runners, Shore Capital and VSA Capital wouldn’t be trying to place at 30p if there wasn’t going to be any takers.
If we get a good quality asset manager, Miton or similar, there will be a strong 30p base put under the shares.
In my view it’s a good thing, because money has to be raised in the future and FAR need shareholders with deep pockets.