Braemar Shipping Services plc (the "Company")
Director / PDMR Shareholding
The Company announces that, on 30 October 2012, the Company's Remuneration Committee granted awards over a total of 130,000 ordinary shares of 10 pence each ("Shares") under the Company's Long Term Incentive Plan ("LTIP") to certain Directors of the Company, as follows:
Director |
LTIP award |
Resultant total LTIP interest |
J.R.V. Kidwell |
75,000 |
160,000 |
M. Beer |
55,000 |
55,000 |
These awards have been made at nil cost, will vest over a period of three years and are subject to certain performance criteria based on the Company's earnings per share over a three year period.
31 October 2012
For further information please contact:
Braemar Shipping Services plc |
||
James Kidwell |
(Chief Executive Officer) |
Tel +44 (0) 20 7535 2881 |
Martin Beer |
(Finance Director) |
Tel +44 (0) 20 7903 2654 |
Laura Bugden |
(Company Secretary) |
Tel +44 (0) 20 7903 2735 |