Braemar Shipping Services plc : Replacement - Holding(s) in Company
January 29, 2014 at 06:29 pm
By
Share
Braemar Shipping Services PLC
This announcement replaces the previous announcement at 2.51pm on 28 January 2014 (RNS number 7072Y) in which the total resultant holding was incorrectly stated as 631,611 instead of 661,611. In all other respects the announcement is unchanged and a full corrected version is set out below.
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
Other (please specify):
3. Full name of person(s) subject to the
notification obligation:iii
PFS Chelverton UK Equity Income Fund
4. Full name of shareholder(s)
(if different from 3.):iv
Northern Trust CI01
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
27 January 2014
6. Date on which issuer notified:
27 January 2014
7. Threshold(s) that is/are crossed or
reached: vi, vii
3%
8. Notified details:
A: Voting rights attached to sharesviii, 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
Ordinary Shares 10p
631,611
21,660,750
661,611
3.054%
ISIN: 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
661,611
3.054%
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 (0) 207 222 8989
This information is provided by RNS
The company news service from the London Stock Exchange
Braemar PLC is a provider of investment, chartering and risk management advice to the shipping and energy markets. The Companyâs operations are diversified across tankers, dry cargo, sale and purchase, renewables, financial and offshore. It operates through three segments: Investment advisory, Chartering and Risk advisory. The Chartering segment includes the Companyâs shipbroking business, Risk Advisory segment includes its regulated securities business, and Investment Advisory segment focuses on transactional services. It facilitates all stages of shipping purchases and sales, with a focus on both protecting and maximizing its clientsâ investments. Its integrated corporate finance and brokerage teams help protect its clients against the turbulent price movements and cyclical liquidity crunches that are commonplace in shipping markets. Its main geographic markets comprise the United Kingdom, Singapore, the United States, Australia, Germany and the Rest of the World.