Originally Posted by
Hudson Bay
“Close to You”
Insider trading does not necessarily mean the illegal trading of shares. In this case it was the leaking of price sensitive information. The noose is tightening. Shares will soon be suspended. Absolutely disgraceful by the BOD.
https://flybeplc.github.io/deal/
You are accusing people of a CRIMINAL offense. Yet you provide little to back this up.
As for using Companies House data as a claim of proof, really a load of garbage.
Companies House is not a real time instant update system. Deliberately so because of the whole nature of what it represent and that information has to be checked and verified before records can be changed. Depending on the situation it can be weeks before something like ownership or shareholdings are changed because the legal paperwork behind this must be correct before anybody attempt to change the status of a company. However legal undertakings and Directors guarantees will already be in place and these will need to be gone through by all sides legal teams before you change anything. Information is then backdated to the relevant date.
Directors leave companies all the time and if there is litigation in terms of severance package or issues outstanding then said director may stay as a director until such time as issues are ironed out and all legal paperowrk has been completed. It is not uncommon for someone to have left on 1st Feb and the records not updated until the December just before year end but it dated as leaving on Feb 1. Companies House are very clear that it is not their job to verify when someone actually left just to make the changes.