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On the latest ann If you look at the column down the side that shows the major shareholders you will see that APAC holdings are down to 4.77%.

When they put out their change of substantial holding on the 22/04/08 that took their holdings from 5.66% down to 4.99%. So since then they have dropped down to the 4.77%.

Which is around the 900 000 shares sold since the 22/04/08.

Hence where the selling is coming from.

The other 3 main shareholders are unchanged.