BRAEMAR PLC — M&A Activity 2014

May 20, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

Phoenix Fund Services (UK) Limited - Form 8.3 - Braemar Shipping Services plc

PR Newswire

London, May 20

                                                                   FORM 8.3    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH           INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE                  Rule 8.3 of the Takeover Code (the "Code")1. KEY INFORMATION(a) Identity of the person whose positions/    PFS Chelverton UK Equitydealings are being disclosed:                  Income Fund and Small                                               Companies Dividend Trust plc(b) Owner or controller of interests and short Chelverton Asset Managementpositions disclosed, if different from 1(a):   LimitedThe naming of nominee or vehicle companies isinsufficient(c) Name of offeror/offeree in relation to     Braemar Shipping Services plcwhose relevant securities this form relates:Use a separate form for each offeror/offeree(d) If an exempt fund manager connected with   n/aan offeror/offeree, state this and specifyidentity of offeror/offeree:(e) Date position held/dealing undertaken:     20 May 2014(f) Has the discloser previously disclosed, or NOare they today disclosing, under the Code inrespect of any other party to this offer?      If YES, specify which:2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE(a) Interests and short positions in the relevant securities of the offeror orofferee to which the disclosure relates following the dealing (if any)Class of relevant security:            Ordinary shares GB0000600931                                     Interests            Short positions                                   Number         %         Number        %(1) Relevant securities owned     925,000      4.2665and/or controlled:(2) Derivatives (other thanoptions):(3) Options and agreements topurchase/sell:TOTAL:                            925,000      4.2665All interests and all short positions should be disclosed.Details of any open derivative or option positions, or agreements to purchaseor sell relevant securities, should be given on a Supplemental Form 8 (OpenPositions).(b) Rights to subscribe for new securities (including directors' and otherexecutive options)Class of relevant security in         n/arelation to which subscription rightexists:Details, including nature of therights concerned and relevantpercentages:If there are positions or rights to subscribe to disclose in more than oneclass of relevant securities of the offeror or offeree named in 1(c), copytable 2(a) or (b) (as appropriate) for each additional class of relevantsecurity.3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE(a) Purchases and sales Class of relevant    Purchase/sale         Number of        Price per unit     security                              securitiesn/a(b) Derivatives transactions (other than options)   Class of      Product      Nature of dealing     Number of     Price per   relevant    description                          reference       unit   security                 e.g. opening/closing a  securities                 e.g. CFD    long/short position,                            increasing/reducing a                             long/short positionn/a(c) Options transactions in respect of existing securities(i) Writing, selling, purchasing or varyingClass of   Product    Writing,   Number of  Exercise   Type    Expiry   Optionrelevant description purchasing, securities  price              date    moneysecurity  e.g. call   selling,    to which  per unit   e.g.             paid/           option      varying     option            American,         received                        etc.      relates            European          per unit                                                       etc.n/a(ii) Exercising Class of relevant       Product            Number of      Exercise price per     security          description         securities             unit                     e.g. call optionn/a(d) Other dealings (including subscribing for new securities)Class of relevant    Nature of dealing          Details       Price per unit    security                                                 (if applicable)                     e.g. subscription,                         conversionn/aThe currency of all prices and other monetary amounts should be stated.Where there have been dealings in more than one class of relevant securities ofthe offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (asappropriate) for each additional class of relevant security dealt in.4. OTHER INFORMATION(a) Indemnity and other dealing arrangementsDetails of any indemnity or option arrangement, or any agreement orunderstanding, formal or informal, relating to relevant securities which maybe an inducement to deal or refrain from dealing entered into by the personmaking the disclosure and any party to the offer or any person acting inconcert with a party to the offer:If there are no such agreements, arrangements or understandings, state "none"None(b) Agreements, arrangements or understandings relating to options orderivativesDetails of any agreement, arrangement or understanding, formal or informal,between the person making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or(ii) the voting rights or future acquisition or disposal of any relevantsecurities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state "none"None(c) AttachmentsIs a Supplemental Form 8 (Open Positions) attached?                 NODate of disclosure:                    20 May 2014Contact name:                          George Bayer, Phoenix Administration                                       Services LimitedTelephone number:                      +44 (0) 1245 398984Public disclosures under Rule 8 of the Code must be made to a RegulatoryInformation Service and must also be emailed to the Takeover Panel [\[email protected\]](/cdn-cgi/l/email-protection) . The Panel's Market Surveillance Unit isavailable for consultation in relation to the Code's dealing disclosurerequirements on +44 (0)20 7638 0129.The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk .

2