Ann: Ceasing to be a substantial holder-GBT.AX, page-4

Yes I saw the video update - they were the same reasons I added to my holdings. Don't think the market fully appreciated the positive from l&g, or maybe it was already reflected in the share price.
Either way, I think uk wealth is in steady hands with the CEO being the guy that drove the uk success in past.
The other upside is the reduction in capital allocated to the loss making int capital markets business which hopefully means a break even sooner than later.