Predator Oil Regulatory News (PRD)

21 Apr 2008 15:29

Prodesse Investment Limited21 April 2008 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached : Prodesse Investment Limited 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: ( No ) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( No ) An event changing the breakdown of voting rights: ( No ) Other (please specify) : ( Yes ) Change in Issued Share Capital 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 orreached if different) (v): 16 April 2008 6. Date on which issuer notified: 18 April 2008 7. Threshold(s) that is/are crossed or reached: Percentage Change 8. Notified details: 15.20% on 27 March 2008 A: Voting rights attached to shares Class/type of shares if Situation previous to the Triggering transaction (vi)possible using the ISINCODE Number of shares Number of voting Rights (viii) GB00B06FN106 4,282,000 15.20% Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of votingpossible using the ISIN shares rights (ix) rightsCODE Direct Direct (x) Indirect Direct Indirect (xi) 4,282,000 4,282,000 13.82% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % offinancial Date Conversion be acquired if the instrument is votinginstrument (xiii) Period/ Date exercised/ converted. rights (xiv) Total (A+B) Number of voting rights % of voting rights 4,282,000 13.82% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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 15. Contact telephone number: 01624 690900 This information is provided by RNS The company news service from the London Stock Exchange