Ann: Market Update, page-23

As I have said before I think it is fair for Ian Mann to reduce his shareholding by half ( at least ) .
Why ?
Because the current board kicked him off .
So he does not want to own 10% ( prior to his departure he owned 40 million shares ) of a company that he no longer has a say in its future, no matter how successful it may be , he needs and will reduce his shareholding to reflect his new status as a passive shareholder like all of us.
So about 18 million more to sell.
Yes I spoke to him yesterday and he is still selling.
Not because success won’t come but because he can’t justify owning so many shares when he is no longer on the board and has to rely and put his trust in others to do the work ( the risk is to great for him him and it is to much of his personal money).