RNS Number : 6790G
Braemar Shipping Services PLC
04 February 2010
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
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 state Yes/No): ( )
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: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation (iii):
Legal & General Group Plc (L&G)
4. Full name of shareholder(s) (if different from 3.) (iv):
Legal & General Assurance (Pensions Management) Limited (PMC)
5. Date of the transaction and date on which the threshold is crossed or reached (v):
01 February 2010
6. Date on which issuer notified:
03 February 2010
7. Threshold(s) that is/are crossed or reached:
L&G (From 3% to 4%)
8. Notified details:
A: Voting rights attached to shares (viii), (ix)
Class/type of sharesif Situation previous to the triggering transaction
possible using the ISIN CODE
Number of shares Number of voting Rights
Ordinary 10p 829,374 829,374
(As on 21/08/2009) (As on 21/08/2009)
Resulting situation after the triggering transaction
Class/type of Number of shares Number of voting rights(ix) % of voting rights(x)
sharesifpossibleusing the ISIN
CODE
Direct Direct(xi) Indirect(xii) Direct Indirect
Ordinary 10p 843,502 843,502 4.00%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument Expiration Exercise/Conversion Number of voting % of voting rights
date(xiii) Period(xiv) rights that may be
acquired if the
instrument is
exercised/ converted
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments(xv), (xvi)
Resulting situation after the triggering transaction
Type of financial Exercise price Expiration Exercise/ Number of voting % of voting rights(xix), (xx)
instrument date(xvii) Conversion rights instrument
period(xviii) refers to
Nominal Delta
Total (A+B+C)
Number of voting rights % of voting rights
843,502 4.00%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xxi):
Legal & General Group Plc (Direct and Indirect) (Group)
Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited (Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (843,502 - 4.00%= LGAS, LGPL & PMC)
Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (775,329 - 3.67%= PMC)
Legal & General Insurance Holdings Limited (Direct) (LGIH)
Legal & General Assurance (Pensions Management) Limited (PMC) (775,329 - 3.67%= PMC)
Legal & General Assurance Society Limited (LGAS & LGPL)
Legal & General Pensions Limited (Direct) (LGPL)
Proxy Voting:
10. Name of the proxy holder:
N/A
11. Number of voting rights proxy holder will cease to hold:
N/A
12. Date on which proxy holder will cease to hold voting rights:
N/A
13. Additional information:
Notification using the total voting rights figure of21,070,518
14. Contact name:
Helen Lewis (LGIM)
15. Contact telephone number:
020 3124 3851
This information is provided by RNS
The company news service from the London Stock Exchange
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