24th Nov 2008 16:11
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached :
Prodesse Investment Limited
2. Reason for the notification (please state Yes/No): ( )
An acquisition or disposal of voting rights: ( Yes )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( No )
An event changing the breakdown of voting rights: ( No )
Other (please specify) : ( No )
3. Full name of person(s) subject to the notification obligation (iii):
Funds under the discretionary management of Laxey Partners Limited
4. Full name of shareholder(s) (if different from 3.) (iv):
Credit Suisse Client Nominees Limited and Vidacos Nominees Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if
different) (v):
21 November 2008
6. Date on which issuer notified:
24 November 2008
7. Threshold(s) that is/are crossed or reached:
Percentage Change
8. Notified details:
13.82% on 18 April 2008
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction (vi) |
|
|
|
Number of shares |
Number of voting Rights (viii) |
|
GB00B06FN106 |
4,282,000 |
13.82% |
Resulting situation after the triggering transaction (vii)
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
||
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
|
Nil |
Nil |
0.00% |
|||
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
|
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
Total (A+B)
|
Number of voting rights |
% of voting rights |
|
Nil |
0.00% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
……………..
14. Contact name:
Laxey Partners Limited
The Old Chapel, Summerhill Road, Onchan, Isle of Man IM3 1NA
15. Contact telephone number:
+44 (0)1624 690900
Related Shares:
Predator Oil