Director/PDMR Shareholding

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

Denis Petropoulos (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 shares of 10p each

7

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Rock Nominees Limited

8

State the nature of the transaction

Purchase

9

Number of shares, debentures or financial instruments relating to shares acquired

19,500 shares

10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.06%

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

429p

14

Date and place of transaction

19 February 2016

15

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

620,934 ordinary shares (2.06%)

16

Date issuer informed of transaction

14 March 2016

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