RE: Non voting shares15 Nov 2022 14:43
Artji - Yes I would agree that it would "appear" that the purchaser of the 325 million shares have not been holding onto them but as you probably know Channel Island registered stocks do not necessarily disclose all significant holdings - as far as I am concerned such companies should not be allowed entry to the UK stock exchange for this reason - so they might actually still hold these shares. One thing that we do know however is that Pelham has not held any of his converted shares and it is a bit of a mystery why he has not converted these last remaining non-voting shares. I do not believe that he will hold onto any of them once they are converted. As far as Lombardier is concerned I am holding onto the hope that their disposal of shares in Mid October turns out to be their last disposal for the time being. Certainly the million shares dumps of the last few days appear to be more retail private investor orientated rather than Institutional.