Holding(s) in Company

    RNS Number : 8988V
  HSBC European Absolute Limited
  03 June 2008
   



 TR-1: Notifications of Major Interests in Shares

 1. Identity of the issuer or           HSBC European
 the underlying issuer of            Absolute Limited
 existing shares to which             (Sterling Line)
 voting rights are attached:


 2. Reason for notification (yes/no)
                                                                               X
 An acquisition or disposal of voting rights

 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)                Bear, Stearns
 subject to notification                  International
 obligation:                            Trading Limited

 4. Full name of shareholder(s)
 (if different from 3):
                                               30/05/08
 5. Date of transaction (and date
 on which the threshold is
 crossed or reached if
 different):
                                               03/06/08
 6. Date on which issuer
 notified:
                                               Over 20%
 7. Threshold(s) that is/are
 crossed or reached:


 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares  Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN  transaction
 code
                       Number of shares      Number of voting      Number of shares   Number of voting rights   Percentage of voting
                                             rights                                                             rights
                                                                   Direct

                                                                                      Direct     Indirect       Direct        Indirect
                                   Over 17%              Over 17%          2,558,173  2,558,173                       20.40%
 GB00B0BHJKX21



 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)




 Total (A+B)

 Number of voting rights  Percentage of voting rights
 2,558,173                                     20.40%



 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:


 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:             Robin Greenwood

 15. Contact telephone name:    020 7516 6625


    For notes on how to complete form TR-1 please see the FSA website. 
This information is provided by RNS
The company news service from the London Stock Exchange
 
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