In the double quotation below is an exert from the SSH that I linked to. Note that TC was a joint shareholder in Cottisloe Holdings Limited (the ultimate holding company of CAM).
My understanding is that if TC was a joint shareholder in Cottisloe and Cottisloe is a parent company of CAM when TC disposes of his joint shareholding in Cottisloe he is disposing of his interest in CAM which disposes of his interest in 5.8% of VML.
I am not saying that there is anything untoward going on. My point is that if you think that buying 200K worth of shares is a great sign then you need to view that in context of a director disposing of his interest in 5.8% of the company.
"" As previously disclosed although Timothy John Cook’s personal shareholding in VML does not in itself constitute a substantial holding, he was at the time a director of CAM and a director of, and a joint shareholder of all the shares in, Cottisloe Holdings Limited (the ultimate holding company of CAM), the registered holder and beneficial owner of 6.467% of VML. Taken together, the relevant interests of Timothy John Cook and CAM constituted 4,237,090 ordinary shares (7.214%) of VML ""