13 Nov 2020 07:00
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) |
| ||||
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 | ||||
Braemar Shipping (BMS)