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Pin to quick picksBraemar Shipping Regulatory News (BMS)

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Director/PDMR Shareholding

13 Nov 2020 07:00

RNS Number : 1964F
Braemar Shipping Services PLC
13 November 2020
 

 

 

 

13 November 2020

 

BRAEMAR SHIPPING SERVICES PLC

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

Director / PDMR Shareholding

Braemar Shipping Services Plc (LSE: BMS), a leading international provider of shipbroking, financial advisory and logistics services to the shipping and energy industries, announces that Peter Mason, the Company's General Counsel and Company Secretary and a PDMR, carried out a "Bed and ISA" transfer of ordinary shares of 10p each in the Company ("Ordinary Shares") from his share dealing account to his ISA on 12 November 2020.

Details of the transaction are shown in the notification provided below in accordance with the requirements of the EU Market Abuse Regulation.

The beneficial holding of Peter Mason (and persons closely associated with him) is unchanged following this transaction and Peter Mason remains beneficially interested in 8,632 Ordinary Shares representing approximately 0.03% of the Company's issued ordinary share capital.

 

 

 

For further information, contact:

Braemar Shipping Services Plc

Ron Series, Executive Chairman

Tel +44 (0) 20 3142 4100

Nick Stone, Finance Director

Peter Mason, Company Secretary

finnCap

Matt Goode/ James Thompson/ Kate Washington

Tel +44 (0) 20 7220 0500

Buchanan

Charles Ryland / Victoria Hayns / 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 shipbroking, financial advisory and logistics services principally to the shipping and energy industries. Founded in 1972, Braemar employs approximately 530 people in 28 offices worldwide across its Shipbroking, Financial, Logistics and Engineering 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

 

Peter Mason

 

2

 

Reason for the notification

 

a)

 

Position/status

 

General Counsel and Company Secretary

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 

 

Sale of 8,632 ordinary shares from Peter Mason's dealing account and subsequent purchase of 8,632 ordinary shares by Peter Mason's ISA through a "Bed and ISA" arrangement.

c)

 

Price(s) and volume(s)

 Transaction 1 (Sale)

Transaction 2 (Purchase)

 Price(s) 

Volume(s)

137p

137p

8,632

8,632

d)

 

Aggregated information

Transaction 1 (Sale)

- Aggregated volume

- Price

- - Aggregated Price

Transaction 2 (Purchase)

- Aggregated volume

- Price

- - Aggregated Price

 

8,632 ordinary shares of 10p each 

137p

£11,825.84

 

8,632 ordinary shares of 10p each 

137p

£11,825.84

e)

 

Date of the transaction

 

12 November 2020

f)

 

Place of the transaction 

 

 

London Stock Exchange

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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