A new Alternative Report has been released on SEDAR dated February 10, 2010, which states that Fidelity has sold 21,895,900 common shares of Connacher. This is part of the reason why the number of Institutional Investors reported on the Reuter's website dropped from around 47% to 25% in January. This latest SEDAR Report provides the evidence:
4.
Net increase or decrease in the number or principal amount of securities, and in
the eligible institutional investor’s security holding percentage in the class of
securities, since the last report filed by the eligible institutional investor under
the early warning requirements:
Since Fidelity’s last report filed on 7/10/2009, Fidelity’s holdings have decreased
by 21,895,900 common shares. This represents a net decrease of 38.27% of the
common shares held by Fidelity.
5.
Designation and number or principal amount of securities and the eligible
institutional investor’s security holding percentage in the class of securities at the
end of the month for which the report is made:
Fidelity holds 35,322,400 common shares representing approximately 8.23% of
the outstanding shares of that class
. Fidelity’s holdings include 1,980,000
Best Wishes; Scott
