Is Pollen Capital a distressed seller?

Major shareholders as at 06/07/15:
Pollen Capital 97.3m 38.9%
Fidelity 21.1m 8.4%
Old Mutual 23.6m 9.43%
Kames 7.1m

Yesterday a 7m trade went through at 133.0. Today we find out Richmond Group are the buyer but no seller declared through RNS. I thought it might have been Kames but today the selling continue at 133.0 exactly the same price as yesterday, so someone who has more than 7m is selling as they can't be sourced from anywhere else.

All banks up today including the second line ones. This can't rise as there's a brick wall between 132.8 and 133.6

Directors have been buying on the way down at prices between 140 and 167 although not in large volumes.

Just guessing - The higher price suggests as you say a higher bid is coming or if they believe there is likely to be a competing bid from another suitor.

This one done with now. Takeover going through at 340.

Bought at 133 at the very bottom and sold out for 339.5 and managed to hold the whole lot.

About 2/3rds of the money redeployed on ALD, PCF and a little more CTO.

Well done CC.