Sign In
Last checked at 
6 Aug 2019 07:00
6 August 2019
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, port and marine consulting services principally to the shipping and energy industries, announces that it was notified on 2 August 2019 that the trustee of the Braemar Employee Share Ownership Plan had approved the release of ordinary shares of 10p each in the Company ("Ordinary Shares") to certain PDMRs of the Company, as follows:
Name | Title | Ordinary Shares released |
James Gundy | CEO, Shipbroking | 16,176 |
Peter Wilson | Managing Director, Logistics Division | 1,050 |
The release of the Ordinary Shares occurred on 2 August 2019 following the vesting of nil cost awards under the Company's Deferred Bonus Plan in relation to the year ended 29 February 2016.
Following the release of these Ordinary Shares, the total holding of Ordinary Shares of each of James Gundy and Peter Wilson (including those of persons closely associated with them) is as follows:
Name | Title | Total Ordinary Shares | % of Company's issued share capital |
James Gundy | CEO, Shipbroking | 506,528 | 1.61 |
Peter Wilson | Managing Director, Logistics Division | 2,550 | 0.01 |
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
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 | |
Shore Capital | |
Robert Finlay / Antonio Bossi / Henry Willcocks | Tel +44 (0) 20 7601 6100 |
Buchanan | |
Charles Ryland / Vicky Hayns / 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 shipbroking, financial advisory, port and marine consulting services principally to the shipping and energy industries. Founded in 1972, Braemar employs approximately 530 people in 30 locations 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
| 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
| Release of shares from ESOP under Deferred Bonus Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
16,176 ordinary shares of 10p each
Nil
| ||||
e)
| Date of the transaction
| 2 August 2019 | ||||
f)
| Place of the transaction
| London Stock Exchange, Main Market | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Peter Wilson
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director, Logistics Division | ||||
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
| Release of shares from ESOP under Deferred Bonus Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
1,050 ordinary shares of 10p each
Nil
| ||||
e)
| Date of the transaction
| 2 August 2019 | ||||
f)
| Place of the transaction
| London Stock Exchange, Main Market | ||||
Follow the stocks
