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SHAC | 15.05.2009 11:19

Barclays Global Investors, Barclays Plc, Hartford Investment Management Company, Rice Hall James and Associates LLC and BNY Mellon have all sold their shares in Huntingdon Life Sciences.

After several months of intense global campaigning, Barclays Global Investors and Barclays Plc have sold all of their shares in LSR (Huntingdon Life Sciences).

HLS are now (once again) in breach of their listing standards on the NYSE ARCA, as their market value is now $10.9 million instead of the required $15 million, so please contact and urge them to kick LSR off once and for all.

Thanks to everyone who helped take us another step closer to the closure of HLS, and once again we prove that this campaign is unstoppable.

As well as Barclays; Hartford Investment Management Company, Rice Hall James and Associates LLC and BNY Mellon have all sold up their stakes in HLS.

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 (HLS' Managing Director) - 2009.

Lets make sure it stays that way and smash HLS for good!

Huntingdon Life Sciences (HLS) are the largest contract testing laboratory in Europe. They have about 70,000 animals on site, including rabbits, cats, hamsters, dogs, guinea-pigs, birds and monkeys. These animals are destined to suffer and die in cruel, useless experiments.

HLS will test anything for anybody. They carry out experiments which involve poisoning animals with household products, pesticides, drugs, herbicides, food colourings and additives, sweeteners and genetically modified organisms. Every three minutes an animal dies inside Huntingdon totaling 500 innocent lives every single day.

Huntingdon Life Sciences is the most exposed laboratory in the world. In recent years they have been infiltrated and exposed at least seven separate times for disgusting animal cruelty and rule breaking. Each time horrific evidence of animal abuse and staff incompetence has been uncovered, including workers punching beagle puppies in the face.

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What actually happened.

16.05.2009 12:41

The demo's did not directly force Barclays to drop the shares, however the threat of demos did force HLS to br dropped. Prospective buyers of BGI forced Barclays to drop HLS. BlackRock is very interested in buying BGI but can ot afford to be associated with HLS as its subsidaries would be very vulnerable to demo.

So the threat of AR meant that BlackRock put pressure on Barclays to clear HLS off it's books before it will consider a takeover.

BGI made a loss on the deal however the loss is really quite insignifficant when compared to BGI's size. Managers didn't have a clue they had bought HLS shares howevr it was senoir management that decreed tey should be sold

It's fairly common knowledge in financial circles.



Display the following 25 comments

  1. Brilliant news — Lynn Sawyer
  2. O dear, O dear — foolwatch
  3. Seller means buyer — Financial Times reader
  4. Dear SHAC Watch Troll, — Bye
  5. Nice one! — We never give in and we always win!
  6. A possible reason why... — informer
  7. Clarification — Clarification
  8. I seriously hope this is true — SparkyTheClown
  9. HLS will never go away I fear — Will
  10. Barclays lost about $13,000,000 due to selling their shares now — Silly SHACwatch
  11. @Clarification — SparkyTheClown
  12. Calm down calm down — Was once a stock broker
  13. How... — Why?
  14. Two buyers identified — Stock watcher
  15. LSR shares not worth $13.75 — Not an expert
  16. Information — Once a stock broker
  17. Further information — Once a stock broker
  18. Skeptical — Not convinced
  19. What the nice man is saying is.. — Double decaff latte
  20. It was only a matter of time! — veganarchist
  21. Inside Info — Steve McCarthy
  22. who bought the shares (if any) — .
  23. Wells Fargo also dumped shares — Win Animal Rights (W.A.R.)
  24. Very weird — share watching
  25. Share watching is lying — Insider - trader