IS it to be trusted?28 Jan 2022 09:36
in the RNS are the below statements:
"We have therefore reconfirmed our commitment to our remaining 10.4% shareholding in Phoenix which retains our right to appoint a director to the Phoenix Board."
Phoenix's other strategic investor, MS&AD Insurance Group Holdings, Inc. ("MS&AD"), continues to retain a 14.5% shareholding. MS&AD highly values the strategic relationship and shareholding in Phoenix. "
Are they to be trusted or they just want to keep the market calm while preparing another offload? Can we trust them?