Hello N Taylor, Maybe they are going to play with a few. The...

Hello N Taylor,
Maybe they are going to play with a few.
The announcement 'ceasing to be a substantial holder"implies some major move and a change in their strategy.All they did was sell 569,738 shares out of a total of 21,752,516.

21,752,516 shares = 5.03%
569,738 shares = .13%

So they have about 4.9% which is under the 5% substantial holder level so they need to announce it.
RAB