28 May 2009 09:28
| TR-1: Notifications of Major Interests in Shares |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Independent Resources plc | ||
| 2. Reason for notification (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 | |||
| An event changing the breakdown of voting rights | |||
| Other (please specify): | |||
| 3. Full name of person(s) subject to notification obligation: | Credit Suisse Securities (Europe) Limited | ||
| 4. Full name of shareholder(s) (if different from 3): | |||
| 5. Date of transaction (and date on which the threshold is crossed or reached if different): | 26.05.09 | ||
| 6. Date on which issuer notified: | 27.05.09 | ||
| 7. Threshold(s) that is/are crossed or reached: | 8%, 7%, 6%, 5% | ||
| 8: Notified Details | |||||||
| A: Voting rights attached to shares | |||||||
| Class/type of shares If possible use ISIN code | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of shares | Number of voting rights | Number of shares | Number of voting rights | Percentage of voting rights | |||
| Direct | Indirect | Direct | Indirect | ||||
| GB00B0RNX796 | 3,645,000 | 3,645,000 | 1,835,000 | 1,835,000 | N/A | 4.50% | N/A |
| B: Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ conversion period/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
| Total (A+B) | |
| Number of voting rights | Percentage of voting rights |
| 1,835,000 | 4.50% |
| 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
| Credit Suisse Securities (Europe) Limited and Credit Suisse International are a division of Credit Suisse ("CSIBD"), which is part of the Credit Suisse Group ("CSG"). CSIBD is a segregated business unit within CSG with an independent management structure and exercises its voting rights independently from other divsions of CSG |
| Proxy Voting: | |
| 10. Name of 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: | Simon Crawley/Carolyn Collins |
| 15. Contact telephone number: | + 44 207 888 5416 |
| Annex: Notification of major interests in shares |
| A: Identity of the persons or legal entity subject to the notification obligation | |
| Full name (including legal form of legal entities) | Credit Suisse Securities (Europe) Limited |
| Contact address (registered office for legal entities) | One Cabot Square, London E14 4QJ |
| Phone number & email | 0207 888 5416 simon.crawley@credit-suisse.com |
| Other useful information (at least legal representative for legal persons) | Simon Crawley |
| B: Identity of the notifier, if applicable | |
| Full name | |
| Contact address | |
| Phone number & email | |
| Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | |
| C: Additional information |
| Our ref: 63156 |
Echo Energy (ECHO)