Who is the seller?, page-40

Premier Capital Managers Ltd had priority to any shortfall up to 30,555,555 in the last CR at 18c. There was a shortfall of 20,244,434 so it's fair to assume that Premier Capital Managers Ltd obtained 20,244,434 shares in ELM at 18c. This was done through Paterson's. All Paterson's selling as per above broker report was very close to 20c, the same price at which Dingyi Group have been buying.

Is Premier Capital Managers Ltd selling through Paterson's and Dingyi Group (Golden) buying through UBS. With Goldens shares then being held in one of the Top 5 nominees accounts (Perhaps JP Morgan) on the Top 20 register?