There is a version of this that got into a magazine, in a paragraph, in a piece about something else, and it says that Marcus Vance walked away from his company to raise his daughters.

That is not true and I have let it stand for three years and I am going to correct it here.

I did not walk away.

I resigned as chief executive in the January and appointed Priya Raghunathan, which was not a sacrifice; it was overdue by about four years and everyone in the business knew it.

I sold forty per cent of my holding in two tranches, which I did for liquidity, because the settlement structure and eleven months of legal fees and a trust required cash.

I am non-executive chairman.