Announcement of Board change

RNS Number : 9133I

Braemar Shipping Services PLC

22 June 2017

 

BRAEMAR SHIPPING SERVICES PLC

("Braemar", the "Company" or the "Group")

22 June 2017

Announcement of Board change

Braemar Shipping Services plc (LSE: BMS), a leading international provider of broking, consultancy, technical and other services to the shipping, marine, energy, offshore and insurance industries announces the appointment of a new non-executive director to its Board.

Braemar is pleased to announce the appointment of Lesley Watkins FCA as non-executive director with effect from Friday 23^rd June 2017.  She will assume the Chair of the Audit Committee during the course of this year. Ms Watkins is currently Finance Director and Company Secretary of Calculus Capital Limited. She is also a non-executive director and Chair of the Audit Committee of Game Digital plc and a non-executive director and Chair of the Audit, Risk and Compliance Committee of Panmure Gordon & Co plc. She was formerly non-executive director and Chair of the Remuneration Committee of Metropolitan Safe Custody Limited and a non-executive Council Member and Chair of the Audit Committee of the Competition Commission.

Following these changes the board of directors of Braemar will comprise:

Non-executive Chairman: David Moorhouse CBE

Chief Executive: James Kidwell

Finance Director: Louise Evans

Non-executive Directors: Jurgen Breuer, Alastair Farley, Mark Tracey and Lesley Watkins

David Moorhouse, Chairman of Braemar said, "We are delighted that Lesley is joining the Board. She brings with her a wealth of experience which will benefit the Group as it continues its long-term strategy to further develop as a valued global provider of knowledge and skills-based services to the shipping, marine, energy, offshore, and insurance markets."

Save for the current and past directorships of publicly quoted companies detailed above, Braemar confirms that there are no disclosures to be made in respect of Ms Watkins for the purposes of Listing Rule 9.6.13.

 For further information, contact:

Braemar Shipping Services
James Kidwell, Chief Executive	Tel [phone]
Louise Evans, Finance Director	Tel [phone]
Stockdale Securities
Robert Finlay / Antonio Bossi / Henry Willcocks	Tel [phone]
Buchanan
Charles Ryland / Victoria Hayns / Stephanie Watson	Tel [phone]

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 850 people in more than 70 locations worldwide across its Shipbroking, Technical and Logistics 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

 

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