Holding(s) in Company

RNS Number : 9062Y

Braemar Shipping Services PLC

11 July 2008

 



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 financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (No)

An event changing the breakdown of voting rights: (No)

Other (please specify): (No)

3.     Full name of person(s) subject to the notification obligation (iii):

JP Morgan Chase & Co

4.     Full name of shareholder(s) (if different from 3.) (iv):

JP Morgan Asset Management (UK) Limited

5.     Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

08 July 2008

6.     Date on which issuer notified:

10 July 2008

7.     Threshold(s) that is/are crossed or reached:

5%

  8.     Notified details:

A:     Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction (vi)
	Number of shares	Number of voting Rights (viii)
GB0000600931	Below 5%	Below 5%

Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
	Direct	Direct (x)	Indirect (xi)	Direct	Indirect
GB0000600931	1,116,439		1,116,439		5.32%

B:     Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of financial instrument	Expiration Date (xiii)	Exercise/Conversion Period/ Date (xiv)	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

Total (A+B)

Number of voting rights	% of voting rights
1,116,439	5.32%

9.     Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Total disclosable holdings for JP Morgan Chase & Co: 1,116,439 (5.32%)

JP Morgan Asset Management (UK) Limited: 1,116,439 (5.32%)

  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:

N/A

14.     Contact name:

Tracey Young

15.     Contact telephone number:

020 7325 4513

 

END

 

 

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