RE: Share price2 Oct 2023 19:55
Under the original co-high licensing agreement riverwood high growth fund received certain convertible loan note and warrants.i won't recite the precise details of what they did with them,but the last relaible information we had was the RNS of 4/5/21 stating they had reduced their holding from 3.102% to 2.73%, totalling 7m shares. they may well have reduced further since then as the deal fell through and it would be a reasonable assumption to suggest they would sell down further following its failure. it is ,however,merely an assumption and nothing more.as they were below 3% in may 21,we will have had no statements of any dealings below that level. in case you are not clear, co-high was the licensee,but the shares were held by riverwood. both co high and riverwood are in effect owned by atlantis.