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20 Jun 2016 09:49
20 June 2016
BRAEMAR SHIPPING SERVICES PLC
("Braemar" or the "Company")
Director/PDMR Shareholding
Braemar Shipping Services PLC (LSE: BMS), a leading international provider of knowledge and skills-based services to the shipping, marine, energy, offshore and insurance industries, announces that, on 17 June 2016, the Company's Remuneration Committee granted awards over a total of 134,301 ordinary shares of 10 pence each ("Shares") under the Company's Long Term Incentive Plan ("LTIP") to certain PDMRs of the Company, as follows:
PDMR | LTIP award | Resultant total LTIP interest |
J. Gundy | 44,767 | 44,767 |
G. Smith | 44,767 | 44,767 |
K. Gorman | 44,767 | 44,767 |
These awards have been made at nil cost, will vest over a period of three years and are subject to certain performance criteria based on the Company's earnings per share and underlying operating profit performance over a three year period. Further information in relation to the LTIP is contained in the Company's 2016 Annual Report.
20 June 2016
For further information please contact:
Braemar Shipping Services | |
James Kidwell, Chief Executive | Tel +44 (0) 20 3142 4100 |
Louise Evans, Finance Director | |
Stockdale Securities | |
Robert Finlay / Antonio Bossi / Richard Johnson / Henry Willcocks | Tel +44 (0) 20 7601 6100
|
Buchanan | |
Charles Ryland Stephanie Watson | 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 1,000 people in more than 70 locations worldwide across its Shipbroking, Technical and Logistics 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
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