Faron Pharmaceuticals - Innovative medical solutions (Part 2)

Which presumed family members of the insiders are you referring to? From the inner circle, Markku and Sirpa, at retirement age, established a foundation to which they transferred shares and sold some. That was in June and has no connection to the share issue.

Lind indeed doesn’t seem to be part of the immediate circle.

Exactly. For example, Juho has had to pay earned income tax at the time of subscription if the share value was higher than the option’s exercise price. Therefore, all earned income visible in taxation isn’t necessarily salary “paid by investors.” A drop in share price thus becomes very expensive for management if progressive tax has been paid based on old market prices and the shares haven’t been sold. “If only I’d sold already,” they might be thinking hopefully at Faron now.

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