Director/PDMR Shareholding

RNS Number : 8020A

Braemar Shipping Services PLC

04 June 2021

 

BRAEMAR SHIPPING SERVICES PLC

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

4 June 2021

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 it has received notification of the purchase of ordinary shares of 10p each in the capital of the Company ("Shares") by two of its Directors, James Gundy, Group Chief Executive Officer, and Nigel Payne, Chairman.

James Gundy bought 20,000 Shares at 254.5 pence per Share, and Nigel Payne bought 6,400 Shares at 250 pence per Share.

Following these transactions, the total holding of Shares of each of James Gundy and Nigel Payne (including those of persons closely associated with them) is as follows:

Name	Title	Shares	% of Company's issued share capital
James Gundy	Group Chief Executive Officer	614,109	1.93%
Nigel Payne	Chairman	6,400	0.02%

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

For further information, contact:

Braemar Shipping Services
James Gundy, Group Chief Executive Officer	Tel [phone]
Nick Stone, Group Chief Operating Officer & Finance Director
Peter Mason, Company Secretary
finnCap
Matt Goode / James Thompson	Tel [phone]
Buchanan
Charles Ryland / Victoria Hayns / Stephanie Watson / Matilda Abraham	Tel [phone]

Notes to Editors:

About Braemar Shipping Services Plc

Braemar is a leading international Shipbroker and provider of expert advice in shipping investment, chartering and risk management. Braemar employs approximately 520 people in 30 offices worldwide across its Shipbroking, Financial 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

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Gundy
2	Reason for the notification
a)	Position/status	Group Chief Executive Officer
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 of ordinary shares of 10p each
c)	Price(s) and volume(s)	Price(s)  Volume(s) 254.5p 20,000
d)	Aggregated information - Aggregated volume  - Price	20,000 ordinary shares of 10p each  50,900
e)	Date of the transaction	03/06/2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nigel Payne
2	Reason for the notification
a)	Position/status	Chairman
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 of ordinary shares of 10p each
c)	Price(s) and volume(s)	Price(s)  Volume(s) 250p 6,400
d)	Aggregated information - Aggregated volume  - Price	6,400 ordinary shares of 10p each £16,000
e)	Date of the transaction	03/06/2021
f)	Place of the transaction	London Stock Exchange

 

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