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Patagonia’s Marc Sale – Ben Turney is wrong: he should never sit on an AIM board again

Tom Winnifrith
Thursday 4 September 2014

Ben Turney has just argued HERE that Marc Sale, the former Technical Director of Patagonia Gold (PGD) - who quit yesterday 24 hours after admitting to 17 undeclared share transactions- should be reappointed to the board. Ben, you are a tolerant and forgiving, nice guy but you could not be more wrong.

Ok Mr Sale has lost money on his trades. Ok the scale is relatively small. But that is not the point. AIM Rule 17 states that all director share trades must be announced and Sale broke that rule. You do not need to be The Sheriff of AIM to know that this is a hanging offence.

on ShareProphets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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