AGL - Accordant Group. was previously AWF Madison, Allied...

[Snoopy]

Price 1.5 volume 1 million? ? ? ? ?

According the AR2020 top twenty shareholder list in the annual report, there are only three entities that could sell 1m (actually 998,145 shares) in one hit.

1/ The family trust associated with company founder Simon Hull.
2/ The company associated with rich lister Peter Masfen.
3/ The partnership between two Christchurch businessmen, Russelll John Field and Anthony James Palmer

The first two are substantial holders so the stock exchange will have to be informed. But if no substantial shareholder notice is forthcoming. then the seller must be 3/ No point to speculate. We might as well just wait!

Just a follow up on the 'million share sale' from 09-09-2020. There were no substantial shareholder notices issued. Then if I compare the top twenty shareholder list in AR2020 and AR2021, find

1/ The family trust associated with company founder Simon Hull.
2/ The company associated with rich lister Peter Masfen.
3/ The partnership between two Christchurch businessmen, Russelll John Field and Anthony James Palmer

have exactly the same number of shares that they had before.! What did change is that the number of shares listed under the 'New Zealand Central Securities Depository Limited' went down from 7.85% of the company to just 4.17%.

A new shareholder has popped into the top 5 list shareholder list under the name of 'Ma Janssen Limited'. This company is 100% owned by Waiheke Island based businessman Maarten Arnold JANSSEN. Maarten Arnold JANSSEN is also associated with 'Syft Technologies' (owns 3.6% of that). M.A. Janssen owns 1,117,019 or 3.25% of the AGL shares on issue.

SNOOPY