Home | Friday 29th May 2009 | Issue 677
Stop Huntingdon Animal Cruelty (SHAC) have scored a major victory over Huntingdon Life Sciences as major shareholders Barclays have pulled out. Barclays Global Investors sold their 398,187 shares while Barclays Plc sold 26,945.
HLS are £72 million in debt, their 1st quarter revenue for 2009 is down 24% from 2008. As vivisector in chief Brian Cass put it “revenue levels are down from last year and the outlook remains uncertain”.
This makes Vanguard Group and new shareholder Highbridge Capital Management the top two shareholders. SHAC said “Barclays have seen sense and sold their shares after protests in London, Europe and across the US. Thanks to all campaigners that have protested, emailed and contacted these companies over their investments.”
Despite police repression the AR movement continues at a frenetic pace - check the SHAC website for a torrent of actions/demos www.shac.net