BRAEMAR PLC — Major Shareholding Notification 2015

Sep 23, 2015

National Storage Mechanism | Additional information

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RNS Number : 9363Z

Braemar Shipping Services PLC

23 September 2015

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			BRAEMAR SHIPPING SERVICES PLC
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				YES
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights				NO
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Majedie Asset Management Limited
4. Full name of shareholder(s) (if different from 3.):iv		Majedie UK Equity Fund Majedie UK Smaller Companies Fund
5. Date of the transaction and date on which the threshold is crossed or reached: v		21 September 2015
6. Date on which issuer notified:		22 September 2015
7. Threshold(s) that is/are crossed or reached: vi, vii		Under 5%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the 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			% of  voting rights x
Direct		Direct xi		Indirect xii	Direct			Indirect
GB0000600931	1,524,323			1,524,323					1,474,323						4.90%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv					Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii			Number of voting rights instrument refers to				% of voting rights xix, xx
													Nominal			Delta
Total (A+B+C)
Number of voting rights								Percentage of voting rights
1,474,323								4.90%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
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:	Majedie Asset Management Limited is a discretionary Fund Manager. It invests funds on behalf of its clients on a segregated basis as well as through sub-funds of its pooled vehicles, Majedie Asset Management Investment Fund Company and Majedie Asset Management (International) Investment Fund Company Plc. It is also the manager of the Majedie Institutional Trust.
14. Contact name:	James Tanqueray
15. Contact telephone number:	020 7618 3949

This information is provided by RNS

The company news service from the London Stock Exchange

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