2 Mar 2016 10:33
Annex DTR3
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
Please complete all relevant boxes should in block capital letters.
1 | Name of the issuer
Braemar Shipping Services plc | 2 | State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code
In accordance with DTR 3.1.2R
|
3 | Name of person discharging managerial responsibilities/director
James Gundy (PDMR) | 4 | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person
N/A
|
5 | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest1
Person referred to in 3 above
| 6 | Description of shares (including class), debentures or derivatives or financial instruments relating to shares
Ordinary 10p shares |
7 | Name of registered shareholders(s) and, if more than one, the number of shares held by each of them
James Gundy
| 8 | State the nature of the transaction
Sale |
9 | Number of shares, debentures or financial instruments relating to shares acquired
27,500 shares | 10 | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)
0.09 %
|
11 | Number of shares, debentures or financial instruments relating to shares disposed
N/A | 12 | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)
N/A
|
13 | Price per share or value of transaction
428p (25,000 shares) 425p (2,500 shares)
| 14 | Date and place of transaction
25 February 2016 (25,000 shares) 29 February 2016 (2,500 shares) |
15 | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 468,852 shares (1.56%) | 16 | Date issuer informed of transaction
1 March 2016
|
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 | Date of grant
| 18 | Period during which or date on which exercisable
|
19 | Total amount paid (if any) for grant of the option
| 20 | Description of shares or debentures involved (class and number)
|
21 | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise
| 22 | Total number of shares or debentures over which options held following notification |
23 | Any additional information
| 24 | Name of contact and telephone number for queries Alex Vane 020 3142 4100 |
Name of authorised officer of issuer responsible for making notification
Alex Vane, Company Secretary______________________________________________
Date of notification
2 March 2016____________________________________
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Braemar Shipping (BMS)