Director/PDMR Shareholding

RNS Number : 4867S

Braemar Shipping Services PLC

08 July 2015

 

Braemar Shipping services PLC

("Braemar" or "the Company")

Director's Interests

Braemar announces that on 2 June 2015, James Kidwell, Chief Executive of the Company, acquired 3,321 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 271 pence per Ordinary Share following the maturing of a Save As You Earn Scheme.

In addition, on 2 July 2015, the trustee of the Employee Share Option Plan ("ESOP") transferred 31,541 ordinary shares of 10 pence each ("Shares") under the 2012 Deferred Bonus Plan to James Kidwell. James Kidwell elected to have 14,193 Shares withheld by the ESOP in order to satisfy tax liabilities arising on vesting of this award and gifted the remaining 17,348 Shares to his adult children for nil consideration.

Accordingly, Mr Kidwell now has a beneficial interest in 114,625 Ordinary Shares representing 0.4% of the Company's issued ordinary share capital.

For further information, contact:

Braemar Shipping Services
James Kidwell, Chief Executive	Tel [phone]
Louise Evans, Finance Director	Tel [phone]
Westhouse Securities
Robert Finlay / Henry Willcocks	Tel [phone]
Buchanan
Charles Ryland Gabriella Clinkard	Tel [phone] Tel [phone]

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 1,000 people in more than 70 locations worldwide across its Shipbroking, Technical and Logistics divisions.  In July 2014 Braemar merged with ACM Shipping Group PLC.

Braemar joined the Official List of the London Stock Exchange in November 1997 and trades under the symbol BMS.

For more information, visit www.braemar.com.

 

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