So the Directors are not blacked out as you might expect at this stage?

All this tells us is that they don`t have a firm deal on hand yet. He is a non-executive director, so therefore no black out for him. Furthermore, Prospekt I hope you can take comfort in what insiders of the company are doing as opposed to what anybody in the company (including Jason) are saying. Their actions speak louder than any words can imo. eg. Just look at recent actions of insiders ( EE ponys up for 1.5M PP and closes this within days instead of weeks, now DM picking up shares on the open market again )