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Director / PDMR Shareholding

5 Nov 2018 10:15

RNS Number : 3406G
Braemar Shipping Services PLC
05 November 2018
 

 

 

BRAEMAR SHIPPING SERVICES PLC

("Braemar", the "Company" or the "Group")

5 November 2018

 

Director / PDMR Shareholding

 

Braemar Shipping Services plc (LSE: BMS), a leading international provider of broking, financial, consultancy, technical and logistics services to the shipping, marine, energy, offshore and insurance industries, announces that it has received notification of the acquisition of a total of 10,300 ordinary shares of 10p each in the Company ("Ordinary Shares") acquired at 227p each by Jürgen Breuer, a non-executive director of the Company, on 2 November 2018.

Following the transaction, Mr. Breuer's total holding of Ordinary Shares (including those of persons closely associated with him) is 81,300 representing approximately 0.26% of the Company's issued ordinary share capital.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

For further information, contact:

Braemar Shipping Services

James Kidwell, Chief Executive

Tel +44 (0) 20 3142 4100

James Hayward, Interim Finance Director

Peter Mason, Company Secretary

Stockdale Securities

Robert Finlay / Antonio Bossi / Henry Willcocks

Tel +44 (0) 20 7601 6100

Buchanan

Charles Ryland / Stephanie Watson / Matilda Abraham

Tel +44 (0) 20 7466 5000

 

Notes to Editors:

 

About Braemar Shipping Services plc

 

Braemar Shipping Services plc is a leading international provider of knowledge and skill-based services to the shipping, marine, energy, offshore and insurance industries. Founded in 1972, Braemar employs approximately 750 people in more than 60 locations worldwide across its Shipbroking, Technical, Logistics and Financial divisions.

 

Braemar joined the Official List of the London Stock Exchange in November 1997 and trades under the symbol BMS.

 

For more information, including our investor presentation, visit www.braemar.com

 

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Jürgen Breuer

2

 

Reason for the notification

 

a)

 

Position/status

 

Non-executive Director

b)

 

Initial notification /Amendment

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

Braemar Shipping Services plc

b)

 

LEI

 

213800EV6IKTTHJ83C19

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 10p each 

 

 

 

GB0000600931

b)

 

Nature of the transaction 

 

Acquisition of ordinary shares of 10p each

c)

 

Price(s) and volume(s)

 

 

Price(s) 

Volume(s)

 

227p

 

10,300 shares

d)

 

Aggregated information

- Aggregated volume

- Price

 

 

10,300 ordinary shares of 10p each 

£23,381

 

e)

 

Date of the transaction

 

2 November 2018

f)

 

Place of the transaction 

 

London Stock Exchange, Main Market

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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