RE: Countdown2 Dec 2019 21:37
(Big) IF Align is selling its shares, it can easily get away with notifying the market only after it's sold off the whole lot - I've seen several examples of large holders notifying the market literally weeks after the event (they were dilutions, thus affecting their %) and the FCA just does not have the resources to enforce that rule.
Obviously it would look very bad on Align, but then they could just announce the sale after whatever bad news RNS they expect to mask the fact that they had been selling off their stake for week before.
It's all speculative though, they may well still be holding to all their shares right now.
It's all theoretical .
However, I don't doubt that PFP won't have qualms about extending even more the contract come 31 December 2020 if they have not finished. I don't treat that day as a strong deadline TBH...