Yes, the timing of selling of the director's shares was a bit unfortunate given the profit downgrade.
However I'd be willing to give the benefit of the doubt in this instance if he was always intending to retire. I have not any evidence of other directors selling so all good as far as I can see.
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- Ann: Change of Director's Interest Notice - Dennis Punches
Ann: Change of Director's Interest Notice - Dennis Punches, page-10
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