BRAEMAR PLC - Major Shareholding Notification 2017

National Storage Mechanism | Additional information

RNS Number : 0893B

Braemar Shipping Services PLC

30 March 2017



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				X
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 (shares in issue increased)
Other (please specify):	Verification of shareholding in the Company
3. Full name of person(s) subject to the notification obligation: iii		Chelverton Asset Management Limited
4. Full name of shareholder(s) (if different from 3.):iv		Northern Trust CI01 and Jarvis
5. Date of the transaction and date on which the threshold is crossed or reached: v		29 March 2017
6. Date on which issuer notified:		30 March 2017
7. Threshold(s) that is/are crossed or reached: vi, vii		6%


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
GBp 10	1,800,000			1,800,000					1,850,000			6.13%
GB0000600931

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
1,850,000								6.13%


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:
14. Contact name:	William van Heesewijk
15. Contact telephone number:	+44 02038709896

This information is provided by RNS

The company news service from the London Stock Exchange

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