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20 Jun 2019 16:53
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
20 June 2019
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 granted an award of 194,000 ordinary shares of 10p each in the Company ("Ordinary Shares") to James Gundy, a PDMR of the Company, under the Company's Deferred Bonus Plan (the "DBP") on 17 June 2019. This award was in relation to James Gundy's annual bonus payment in respect of the 2018/19 financial year, of which a portion was deferred into Ordinary Shares that vest in three years from the date of grant in accordance with the rules of the DBP. Further information on the DBP is contained in the Company's 2019 Annual Report.
For further information, contact:
Braemar Shipping Services | |
James Kidwell, Chief Executive | Tel +44 (0) 20 3142 4100 |
Nick Stone, Finance Director | |
Peter Mason, Company Secretary
| |
Shore Capital | |
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 (although this will fall by around 250 people and 30 locations following the announced disposal of the Technical business units) worldwide across its Shipbroking, Financial, Logistics and Technical 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
| James Gundy
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| CEO, Shipbroking | ||||
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
| Grant of deferred share award of ordinary shares of 10p each pursuant to the Company's Deferred Bonus Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
194,000 ordinary shares of 10p each
Nil
| ||||
e)
| Date of the transaction
| 17 June 2019 | ||||
f)
| Place of the transaction
| London Stock Exchange, Main Market | ||||
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