27 Feb 2023 09:20
27 February 2023
BRAEMAR PLC
("Braemar", the "Company" or the "Group")
Director/PDMR Shareholding
Braemar Plc (LSE: BMS), a leading international shipbroker and provider of expert investment, chartering, and risk management advice to the shipping and energy markets, announces that James Gundy, Group Chief Executive Officer, purchased 10,000 ordinary shares of 10p each in the capital of the Company on 24 February 2023. Following this transaction, James Gundy's total shareholding is now 767,165.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
For further information, contact:
Braemar Plc | |||
Nick Stone, Group Chief Financial Officer | Tel +44 (0) 20 3142 4100 | ||
Rebecca-Joy Wekwete, Company Secretary | |||
Investec Bank plc | |||
Gary Clarence / Harry Hargreaves / Alice King | Tel +44 (0) 20 7597 5970 | ||
Cenkos Securities plc
Ben Jeynes / Max Gould (Corporate Finance)
Alex Pollen / Leif Powis (Sales) |
Tel +44 (0) 20 7397 8900 | ||
Buchanan | |||
Charles Ryland / Jamie Hooper / Jack Devoy | Tel +44 (0) 20 7466 5000 | ||
Notes to Editors:
About Braemar Plc
Braemar provides expert investment, chartering, and risk management advice that enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping and energy. Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers' needs, and provide an integrated service supported by a collaborative culture.
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 and follow Braemar on LinkedIn.
Details of the person discharging managerial responsibilities / person closely associated
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Name | James Gundy
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Reason for the notification Position/status
| Group Chief Executive Officer
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Initial notification /Amendment | Initial
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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Name | Braemar Plc
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LEI | 213800EV6IKTTHJ83C19
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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
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Description of the financial instrument, type of instrument
| Ordinary shares of 10p each | |
Identification code
| GB0000600931 | |
Nature of the transaction
| Purchase of ordinary shares of 10p each. | |
Price(s) and volume(s) | Price: £2.90
| Volume: 10,000 |
Aggregated information - Price - Aggregated volume
| Price: £29,000 | Volume: 10,000 |
Date of the transaction | 24 February 2023
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Place of the transaction | London Stock Exchange
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Braemar Shipping (BMS)