Braemar Shipping Services PLC Publication of Circular (1358Q)
September 07 2017 - 7:15AM
UK Regulatory
TIDMBMS
RNS Number : 1358Q
Braemar Shipping Services PLC
07 September 2017
THIS ANNOUNCMENT AND THE INFORMATION CONTAINED HEREIN IS
RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN
WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER
JURISDICTION IN WHICH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE
UNLAWFUL. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS
ANNOUNCEMENT.
7 September 2017
BRAEMAR SHIPPING SERVICES PLC
Publication of Circular
Further to the announcement earlier today by Braemar Shipping
Services plc ("Braemar") regarding the proposed acquisition of
NAVES, Braemar is pleased to announce that the shareholder circular
convening the general meeting and setting out further details on,
and the rationale for, the Acquisition (the "Circular") has been
approved by the UK Listing Authority.
A copy of the Circular (along with the Form of Proxy) will be
posted to Shareholders today.
A copy of the Circular (along with the Form of Proxy) will also
be submitted to the National Storage Mechanism and will shortly be
available for inspection at www.morningstar.co.uk/uk/NSM. In
addition, the Circular will be available for inspection during
normal business hours on any weekday (Saturdays, Sundays and public
holidays excepted) at the registered o ce of Braemar at One Strand,
Trafalgar Square, London WC2N 5HR from the date of the Circular up
to and including the date of the General Meeting and for the
duration of the General Meeting. The Circular will also be
available for viewing later today on Braemar's website
(www.braemar.com).
Capitalised terms not otherwise defined in the text of this
announcement have the meanings given in Braemar's announcement
earlier today regarding the proposed Acquisition.
Enquiries:
Braemar Shipping Services
plc
James Kidwell, Chief Executive
Louise Evans, Group Finance
Director +44 (0) 20 3142 4100
PricewaterhouseCoopers
LLP
Financial Adviser
Coolin Desai
Jon Raggett +44 (0) 20 7583 5000
Stockdale Securities Limited
Sponsor and Financial
Adviser
Robert Finlay
Antonio Bossi
Edward Thomas +44 (0) 20 7601 6100
Buchanan Communications
Financial PR for Braemar
Charles Ryland
Vicky Hayns +44 (0) 20 7466 5000
This announcement contains inside information as defined under
the Market Abuse Regulation (EU) No. 596/2014.
Stockdale Securities Limited ("Stockdale"), which is authorised
and regulated by the FCA in the United Kingdom, is acting as
sponsor to Braemar and for no-one else in connection with the
Acquisition and will not be responsible to any person other than
Braemar for providing the protections afforded to clients of
Stockdale, nor for providing advice in relation to the Acquisition,
the content of this announcement or any matter referred to in this
announcement. Apart from the responsibilities and liabilities, if
any, which may be imposed on Stockdale by the FSMA or the
regulatory regime established thereunder, neither Stockdale nor any
of its subsidiaries, branches or affiliates owes or accepts any
duty, liability or responsibility whatsoever (whether direct or
indirect, whether in contract, in tort, under statute or otherwise)
to any person who is not a client of Stockdale in connection with
this announcement, any statement contained herein or otherwise, nor
makes any representation or warranty, express or implied, in
relation to, the contents of this announcement, including its
accuracy, completeness or verification or for any other statement
purported to be made by Stockdale, or on behalf of Stockdale in
connection with Braemar or the Acquisition. Stockdale accordingly
disclaims to the fullest extent permitted by law all and any
responsibility or liability to any person who is not a client of
Stockdale, whether arising in tort, contract or otherwise (save as
referred to above) which they might otherwise have in respect of
this announcement or any such statement.
PricewaterhouseCoopers LLP ("PwC"), which is authorised and
regulated in the United Kingdom by the Financial Conduct Authority,
is acting exclusively for Braemar in relation to the Acquisition
and for no-one else in connection with the Acquisition or the
matters referred to in this announcement and will not be
responsible to any person other than Braemar for providing the
protections afforded to clients of PwC, nor for providing advice in
relation to the Acquisition nor to the matters referred to herein.
Neither PwC nor any of its members owes, accepts or assumes any
duty of care, liability or responsibility whatsoever (whether
direct or indirect, whether in contract, in tort, under statute or
otherwise) to any person who is not a client of PwC in connection
with the matters referred to in this announcement, or
otherwise.
IMPORTANT NOTICES
Distribution of this announcement by any recipient may be
restricted or prohibited by law. Recipients are required to inform
themselves of, and comply with, all such restrictions or
prohibitions.
Persons not resident in the United Kingdom should inform
themselves about and observe any applicable legal requirements. It
is the responsibility of each overseas Shareholder to satisfy
himself as to the full observance of the laws of the relevant
jurisdiction in connection with the Acquisition, including the
obtaining of any governmental, exchange control or other consents
which may be required, or the compliance with other necessary
formalities which are required to be observed and the payment of
any issue, transfer or other taxes due in such jurisdiction.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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