29 mill?16 Jun 2021 17:55
I rarely post here, but watch, and have a modest holding. Forgive my ignorance, but that large transfer of shares (29 million quids worth or something?) to a Cypriot financial mgmt company a while back - I forget the details - were they 'sold' by an ex director or something? An awful lot of shares I think. Isn't it possible that that 'sale' was a way of transferring all those shares to Cyprus and then actuating their sale, with an agreement between the original holder and the Cypriot company (both Russian, so close) on how the proceeds were divided? With the original holder using this as a means of transferring the wealth to a more tax friendly regime? (There are a lot of very wealthy Russians in Cyprus.) And that many of these large trades that have taken place over recent months were actually those shares being sold? If this is daft, forgive me.. I'm not following things here as closely as some.