BMS Braemar Plc

    RNS Number : 6036U
  Braemar Shipping Services PLC
  15 May 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: (  )

    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 (Group)
             Legal & General Investment Management Limited (LGIM)

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

             Legal & General Assurance (Pensions Management) Limited (PMC)
    Legal & General Group Plc (L&G)

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

    14 May 2008

    6.     Date on which issuer notified:

    15 May 2008

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

            Below 5% (Group) 
            Below 5% (LGIM)

    8.     Notified details:

    *************..

    A:     Voting rights attached to shares

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

 ORD                             1,076,026             1,076,026
 GBP0.10

    Resulting situation after the triggering transaction (vii)

 Class/type of shares if         Number of shares   Number of voting rights (ix)  % of voting rights
 possible using the ISIN CODE
                                 Direct             Direct (x)   Indirect (xi)    Direct   Indirect

 ORD
 GBP0.10
                                   Below 5% (see section 9 below) 

    B:     Financial Instruments
    Resulting situation after the triggering transaction (xii)

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


    Total (A+B)

 Number of voting rights       % of voting rights
          Below 5% (see section 9 below)

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

 Legal & General Group Plc (Direct and Indirect)
 (Group) (Below 5% = Total Position) 
 Legal & General Investment Management (Holdings)
 Limited (LGIMH) (Direct and Indirect) (Below 5% =
 Total Position)
 Legal & General Investment Management Limited
 (Indirect) (LGIM) (Below 5% = Total Position)
 Legal & General Group Plc (Direct) (L&G) (880,756 - 4.20 % = LGAS, LGPL &
 PMC)
 Legal & General Investment      Legal & General Insurance Holdings Limited
 Management (Holdings) Limited   (Direct) (LGIH) 
 (Direct) (LGIMHD) (800,856 -
 3.82 % = PMC)  
 Legal & General Assurance       Legal & General Assurance Society Limited
 (Pensions Management) Limited   (LGAS & LGPL) 
 (PMC) (800,856 - 3.82 % = PMC)
  
                                 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 of 20,923,798

    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
 
  END 
 
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