BSRT Baker Steel Resources Trust Limited

 

TIDMBSRT 
 
RNS Number : 4390U 
Baker Steel Resources Trust Ltd 
14 October 2010 
 

 
+----------------+--------------------+--+----+----------------------------+--------+ 
|                                        |                                          | 
+----------------------------------------+------------------------------------------+ 
|                                        |                                          | 
+----------------------------------------+------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                   | 
|                                                                                   | 
+-----------------------------------------------------------------------------------+ 
|                                                                                   | 
+-----------------------------------------------------------------------------------+ 
|                                             |                                     | 
+---------------------------------------------+-------------------------------------+ 
| 1. Identity of the issuer or the underlying |    BAKER STEEL RESOURCES TRUST      | 
| issuer                                      |        (ISIN GG00B6686L20)          | 
| of existing shares to which voting rights   |                                     | 
| are                                         |                                     | 
| attached: ii                                |                                     | 
+---------------------------------------------+-------------------------------------+ 
| 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   |            BAKER STEEL CAPITAL MANAGERS LLP | 
| to the                              | (DISCRETIONARY CLIENTS OF AND ASSOCIATED OR | 
| notification obligation: iii        |                  CONNECTED/RELATED PARTIES) | 
|                                     |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 4. Full name of shareholder(s)      |                          Genus Dynamic Gold | 
|  (if different from 3.):iv          |                                        Fund | 
|                                     |                             CF Ruffer Baker | 
|                                     |                             Steel Gold Fund | 
|                                     |                            Baker Steel Gold | 
|                                     |                                        Fund | 
|                                     |                               Genus Natural | 
|                                     |                            Resources Master | 
|                                     |                                        Fund | 
|                                     |                         Baker Steel Capital | 
|                                     |                                Managers LLP | 
|                                     |                                             | 
|                                     |                         Baker Steel Capital | 
|                                     |                           Managers (Cayman) | 
|                                     |                                         Ltd | 
|                                     |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 5. Date of the transaction and date | 1st September 2010                          | 
| on                                  |                                             | 
| which the threshold is crossed or   |                                             | 
| reached: v                          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 6. Date on which issuer notified:   | 13th October 2010                           | 
+-------------------------------------+---------------------------------------------+ 
| 7. Threshold(s) that is/are crossed | 25%                                         | 
| or                                  |                                             | 
| reached: vi, vii                    |                                             | 
+-------------------------------------+---------------------------------------------+ 
|                |                    |  |    |                            |        | 
+----------------+--------------------+--+----+----------------------------+--------+ 
 
+--------------+-----------------+----+------+------------+----+--+----------------------+-+-------+----+----------+-------+---------------------+----+--+------------+ 
| 8. Notified details:                                                                                                                                                | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares viii, ix                                                                                                                        | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Class/type   | Situation previous                               | Resulting situation after the triggering transaction                                              | 
| of           | to the triggering                                |                                                                                                   | 
| shares       | transaction                                      |                                                                                                   | 
| if possible  |                                                  |                                                                                                   | 
| using        |                                                  |                                                                                                   | 
| the ISIN     |                                                  |                                                                                                   | 
| CODE         |                                                  |                                                                                                   | 
+              +--------------------------------------------------+---------------------------------------------------------------------------------------------------+ 
|              | Number                      | Number             | Number                 | Number                | % of  voting rights x                            | 
|              | of                          | of                 | of                     | of                    |                                                  | 
|              | Shares                      | Voting             | shares                 | voting                |                                                  | 
|              |                             | Rights             |                        | rights                |                                                  | 
+              +                             +                    +------------------------+-----------------------+--------------------------------------------------+ 
|              |                             |                    | Direct                 | Direct xi  | Indirect | Direct                           | Indirect      | 
|              |                             |                    |                        |            | xii      |                                  |               | 
+--------------+-----------------------------+--------------------+------------------------+------------+----------+----------------------------------+---------------+ 
| GG00B6686L20 | 17,015,486                  | 17,015,486         | 15,484,500             | 14,905,184 | 579,316  | 22.57%                           | 0.88%         | 
+--------------+                             +                    +                        +            +          +                                  +               + 
|              |                             |                    |                        |            |          |                                  |               | 
+--------------+-----------------------------+--------------------+------------------------+------------+----------+----------------------------------+---------------+ 
|                                                                                                                                                                     | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                                                                 | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                                                | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial                   | Expiration        | Exercise/                              | Number of voting                            | % of voting        | 
| instrument                          | date xiii         | Conversion Period                      | rights that may be                          | rights             | 
|                                     |                   | xiv                                    | acquired if the                             |                    | 
|                                     |                   |                                        | instrument is                               |                    | 
|                                     |                   |                                        | exercised/                                  |                    | 
|                                     |                   |                                        | converted.                                  |                    | 
+-------------------------------------+-------------------+----------------------------------------+---------------------------------------------+--------------------+ 
| N/A                                 |                   |                                        |                                             |                    | 
+-------------------------------------+-------------------+----------------------------------------+---------------------------------------------+--------------------+ 
|                                                                                                                                                                     | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi                                                                   | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                                                | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial              | Exercise  | Expiration      | Exercise/                 | Number of voting              | % of voting rights                       | 
| instrument                     | price     | date xvii       | Conversion                | rights instrument             | xix, xx                                  | 
|                                |           |                 | period                    | refers to                     |                                          | 
|                                |           |                 | xviii                     |                               |                                          | 
+--------------------------------+-----------+-----------------+---------------------------+-------------------------------+------------------------------------------+ 
| N/A                            |           |                 |                           |                               | Nominal                     | Delta      | 
|                                |           |                 |                           |                               |                             |            | 
+                                +           +                 +                           +                               +-----------------------------+------------+ 
|                                |           |                 |                           |                               |                             |            | 
+--------------------------------+-----------+-----------------+---------------------------+-------------------------------+-----------------------------+------------+ 
|                                                                                                                                                                     | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                                                                       | 
+---------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                                                | Percentage of voting rights                                                | 
+----------------------------------------------------------------------------------------+----------------------------------------------------------------------------+ 
| 15,484,500                                                                             | 23.45%                                                                     | 
+----------------------------------------------------------------------------------------+----------------------------------------------------------------------------+ 
|              |                 |    |      |            |    |  |                      | |       |    |          |       |                     |    |  |            | 
+--------------+-----------------+----+------+------------+----+--+----------------------+-+-------+----+----------+-------+---------------------+----+--+------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 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:          | BAKER STEEL CAPITAL MANAGERS LLP         | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    | ANEIL BHATT                              | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        | 020 7389 8239                            | 
+--------------------------------------+------------------------------------------+ 
|                                      |           |                              | 
+--------------------------------------+-----------+------------------------------+ 
 
+-----------------------------------------------------------------------------+ 
| Note: Annex should only be submitted to the FSA not the issuer              | 
+-----------------------------------------------------------------------------+ 
| Annex: Notification of major interests in sharexxii                         | 
+-----------------------------------------------------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLLLFFRISLSLII 
 

Baker Steel Resources (LSE:BSRT)
Historical Stock Chart
From Jun 2024 to Jul 2024

Baker Steel Resources (LSE:BSRT)
Historical Stock Chart
From Jul 2023 to Jul 2024