Highbridge Capital sells most of their shares and will be disposing of the remainder soon.
Since our email alert on Friday 15th May and peaceful protests in New York over the weekend about a new second largest institutional shareholder - Highbridge Capital who owned 187,597 shares in LSR stock.
Highbridge Capital have been in contact with SHAC and have shown us their brokage account details to show that they have now sold over 90% of their shares in HLS (LSR) and are hoping to dispose of the remainder very soon. They presently hold 21,900 shares.
We would like to thank Highbridge Capital for taking this step and await confirmation of the sale of their remainding shares following assurances from Lisa Steele, Senior Vice President of Highbridge Capital.
We have stated that we will hold off on protests and further emails as Highbridge Capital have been open with their dialogue and genuine. So, unless there is a delay in the sale of their shares we ask for campaigners to concentrate on other larger shareholders and also support next week's Mad Science May - Week of Action: http://www.shac.net/action/demos/MadScience/index.html
Thanks to all campaigners that have protested, emailed and contacted companies over their investments.
This makes Vanguard Group, Brown Investment Advisory And Trust Co, State Street Corp and Numeric Investors as the top four shareholders.
Don't forget that HLS are £72 million in debt, their 1st quarter revenue for 2009 is down 24% from 2008
"revenue levels are down from last year and the outlook remains uncertain" - Brain Cass
Lets make sure it stays that way and smash HLS for good!
If you are not near a shareholder, there are plenty of other targets to pile on the pressure and demo to help close HLS!
Keep up the pressure, until all are free"
ORIGINAL SOURCE: Stop Huntingdon Animal Cruelty
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