Global Ship Lease shareholder sells 419,685 shares, keeps 11.3% stake

By Lisa Kerner

Charlotte, N.C., May 8 - A group of Global Ship Lease, Inc. investors led by Integrated Core Strategies (US) LLC sold 419,685 shares of the company's stock between May 1 and May 6 priced from $1.70 to $1.96 each, according to a schedule 13D filed on Friday with the Securities and Exchange Commission.

The investors beneficially own 5,733,651 shares, or 11.3%, of the New York-based company's outstanding stock.

Global Ship Lease owns and charters containerships to container liner companies.

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