The bulk of the trades were broker-to-broker or cross trades. The latter are usually indicative of an organization shuffling shares between different subsidiaries. The cross trades totalled 23.4M shares. The only holder with that number of shares is J O Hambro Capital Management. Their shares are held between Alternative Investments LLP and North Atlantic Value LLP. It could have been an end of year activity bearing no relation to the day's RNS announcement ...