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Pin to quick picksBraemar Shipping Regulatory News (BMS)

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Spread: 3.00 (1.277%)
Market Cap: £75.17m
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Additional Listing

1 Sep 2016 16:33

RNS Number : 7481I
Braemar Shipping Services PLC
01 September 2016
 

Braemar Shipping Services plc

 

Additional Listing

 

 

 

Braemar Shipping Services plc announces that a block listing application has been made for 55,000 Ordinary shares of 10 pence each ('Shares') to be admitted to the Official List of the UK Listing Authority and to trading on the main market of the London Stock Exchange. These Shares will be issued upon the exercise of options granted under the following schemes ("Schemes"):

 

 

Schemes

No. of shares

Braemar Shipping Services plc 2003 Savings Related Share Option Scheme

30,000

Braemar Shipping Services plc 2008 International Savings-Related Share Option Scheme

25,000

 

 

 

 

The new Shares shall, upon issue, rank pari passu with the existing ordinary shares in issue and will be allotted from time to time in accordance with the exercise of options under the Schemes. The block listing is expected to become effective at 0800 on Monday 5 September 2016.

 

 

1 September 2016

 

For further information please contact:

 

Braemar Shipping Services

James Kidwell, Chief Executive

Tel +44 (0) 20 3142 4100

Louise Evans, Finance Director

Tel +44 (0) 20 3142 4100

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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