RE: Buys sells ?14 Jul 2022 12:30
On 11th July Tariq Hamoodi is shown to have acquired 5,509,192 shares. His entire position he currently holds. On the same day LOAM announced an decrease of 6,356,574 leaving a total position of 77,014,050.
Mifid II rules state that sellers of shares are obliged to report trades executed on a regulated market. However, the rules don't stop the buyer from also reporting the trade which happens frequently. Rather than add transparency which it was intended to do in light of 2008 it can instead duplicate trades. If a broker is involved it can often result in 3 "prints" for the same trade.
This is what I believe occurred with the "infamous" 5m clip. It was a "transfer" from LOAM to Tariq off-book trade.
dyor gla