RE: Trades15 Aug 2020 16:17
I hear what you say Mars and as I mentioned the first issue is we don’t know whether DT or CPI have transferred their holdings, it’s just an assumption.
You are indeed correct re. Director reporting vs. Non director reporting. This moves him from reporting every sell to threshold selling.
The move to a nominee account though technically does mean he is not a legal shareholder / member of the company in the same way as if he held paper certificates. This was why I posted about Eckerle versus Wickeder Westfalenstahl GmbH, where the courts upheld as such, and that nominee account holders aren’t the true shareholders.
On CPI is was unaware that gov bodies would do such a thing, so interesting point to know.
I guess the only way of finding a true answer to this is via TR1’s. If we never get another from DT, then it must be true he’s in a nominee account, if we get a TR1 personally naming him then it means he hasn’t transferred.