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Director/PDMR Shareholding

1 Jun 2010 10:05

RNS Number : 8325M
Braemar Shipping Services PLC
01 June 2010
 



Braemar Shipping Services plc (the "Company")

 

Director / PDMR Shareholding

 

The Company announces that on 25 May 2010 the trustee of the Employee Share Ownership Plan (the "ESOP") transferred 6,667 ordinary shares to each of Alan Marsh, James Kidwell, Quentin Soanes and Denis Petropoulos, executive directors of the Company.

 

The ordinary shares have been transferred out of the ESOP for nil consideration in order to satisfy shares earned under the Long Term Incentive Plan, following satisfaction of the performance conditions.

 

Following these awards under the Long Term Incentive Plan the holdings of the executive directors are outlined.

 

Director

LTIP award

Total Shareholding

% of issued share capital

A.R.W. Marsh

6,667

1,244,406

5.90%

J.R.V. Kidwell

6,667

96,417

0.45%

Q.B. Soanes

6,667

1,180,677

5.60%

D. Petropoulos

6,667

579,858

2.75%

 

 

1 June 2010

 

For further information, contact:

 

Braemar Shipping Services plc

James Kidwell

Tel 020 7535 2881

 

Charles Stanley Securities

Mark Taylor / Carl Holmes

Tel 020 7149 6000

 

 

 

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