So true @Noddy74,

What bothers me, and I have heard Andrew say it on so many occasions, their is a huge difference between shares purchased and and Shares Issued as part of a remuneration package. I feel like this is just pocketing the cash because they can.

I understand that everyone has differing financial obligations, however very disappointed in management for this reduction in their holdings.

disc hold

Something to be wary of for those that didn't see: an after market announcement dropped today, Oleg and another director sold down significant personal holdings. Not a great look for a company currently enjoying a lot of success and traction in their field.

I remain a holder, but a more sceptical one. I am also a little disappointed that they both included unvested performance options in their categorisation of 'total holdings', regarding what percentage of shares they sold. For instance Oleg's announcement suggested he sold down 18% of his holdings, but this figure is actually somewhere around 40% when you remove the unvested performance options. Selling down such a significant portion is already bad enough -- don't then try and pull cheeky figures out of your backside to suit your agenda! Rant over.

Part of the news flow is Oleg selling 18.5% of holdings and Peter James selling 23.5%. Both seem to have personal liquidity requirements at the same time.