Rise4 Feb 2016 08:31
Morning
A current MC of £7m means Evan is now holding £1,848,000 of CRV shares, plus £300,000 than he loaned to CRV that can be converted into shares I believe. We can be pretty certain he has not sold a share as yet, I think we should take a huge amount of comfort that there is much, much more to come here. Starting to see why he changed his tax residency status when investing in CRV.....
As TC has commented, for a company with a MC that's still miniscule in City terms, I am very much looking forward to seeing what Mark has lined up to secure up to £50m at what is still more than a 40% premium to the current share price.....