4 Jul 2018 14:10
4 July 2018
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
Notification of transaction by Directors / Persons Discharging Managerial Responsibility and their Closely Associated Persons
Braemar Shipping Services plc (LSE: BMS), a leading international provider of broking, financial, consultancy, technical and logistics services to the shipping, marine, energy, offshore and insurance industries, announces that it has received notifications of the acquisition of ordinary shares of 10p each in the Company ("Ordinary Shares") by two of its non-executive directors.
Lesley Watkins bought 3,000 Ordinary Shares at 261.1506p each on 3 July 2018, following which her total holding of Ordinary Shares (including those of persons closely associated with her) is 3,000, representing approximately 0.01% of the Company's issued share capital.
Mark Tracey bought 7,400 Ordinary Shares at 260.04p each on 2 July 2018. Mr. Tracey's holding of Ordinary Shares has previously incorrectly been reported at 20,425, whereas it should have been 8,170. Therefore, following this transaction, Mr. Tracey's total holding of Ordinary Shares (including those of persons closely associated with him) is 15,570, representing approximately 0.05% of the Company's issued share capital.
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
For further information, please contact:
Braemar Shipping Services plc | |
James Kidwell, Chief Executive | Tel +44 (0) 20 3142 4100 |
Peter Mason, Company Secretary | Tel +44 (0) 20 3142 4100 |
Stockdale Securities | |
Robert Finlay / Antonio Bossi / Henry Willcocks | Tel +44 (0) 20 7601 6100 |
Buchanan | |
Charles Ryland / Stephanie Watson / Tilly 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 knowledge and skill-based services to the shipping, marine, energy, offshore and insurance industries. Founded in 1972, Braemar employs approximately 800 people in more than 70 locations worldwide across its Shipbroking, Technical, Logistics and Financial 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 presentations, visit www.braemar.com.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Mark Tracey | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-executive Director | ||||
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
| Acquisition | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
7,400 ordinary shares of 10p each
£19,242.96 | ||||
e)
| Date of the transaction
| 02/07/2018 | ||||
f)
| Place of the transaction
| London Stock Exchange, Main Market | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Lesley Watkins | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-executive Director | ||||
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
| Acquisition | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
3,000 ordinary shares of 10p each
£7,834.52 | ||||
e)
| Date of the transaction
| 03/07/2018 | ||||
f)
| Place of the transaction
| London Stock Exchange, Main Market | ||||
Braemar Shipping (BMS)