Last checked at 24 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