TIDMBRDY

RNS Number : 5959U

Brady Exploration PLC

02 January 2013

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Brady Exploration Plc

2 Reason for the notification:

An acquisition or disposal of voting rights

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

Peel Hunt LLP

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

5. Date of the transaction and date on which the threshold is crossed or reached:

28 December 2012

6. Date on which issuer notified:

31 December 2012

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

Below 10%

8. Notified details:

A: Voting rights attached to shares

 
 Class/type of shares    Situation previous to the triggering 
                          transaction 
  if possible using 
  the ISIN CODE 
----------------------  --------------------------------------- 
                         Number of Shares     Number of Voting 
                                               Rights 
----------------------  -------------------  ------------------ 
 GB0030493232            6,203,243            6,203,243 
----------------------  -------------------  ------------------ 
 
 
 Class/type      Resulting situation after the triggering transaction 
  of shares 
 
  if possible 
  using the 
  ISIN CODE 
--------------  --------------------------------------------------------------- 
                 Number of     Number of voting rights     % of voting rights 
                  shares 
--------------  ------------  --------------------------  --------------------- 
                 Direct        Direct         Indirect     Direct     Indirect 
--------------  ------------  -------------  -----------  ---------  ---------- 
 GB0030493232    5,980,792     5,980,792                   9.66% 
--------------  ------------  -------------  -----------  ---------  ---------- 
 

B: Qualifying Financial Instruments

 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------ 
 Type of financial   Expiration   Exercise/     Number of voting         % of voting 
  instrument          date         Conversion    rights that may          rights 
                                   Period        be 
                                                 acquired if the 
                                                 instrument is 
                                                 exercised/ converted. 
------------------  -----------  ------------  -----------------------  ------------ 
 
 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------- 
 Type of financial   Exercise   Expiration   Exercise/     Number of voting     % of voting 
  instrument          price      date         Conversion    rights instrument    rights 
                                              period        refers to 
------------------  ---------  -----------  ------------  -------------------  ---------------- 
                                                                                Nominal   Delta 
------------------  ---------  -----------  ------------  -------------------  --------  ------ 
 
 

Total (A+B+C)

 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
  5,980,792                9.66% 
------------------------  ---------------------------- 
 

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

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:

Kelly Morgan

15. Contact telephone number:

0207 418 8860

This information is provided by RNS

The company news service from the London Stock Exchange

END

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