("Braemar", the "Company" or the "Group")
5 November 2018
Director / PDMR Shareholding
Braemar Shipping Services plc (LSE: BMS), a leading international provider of broking, financial, consultancy, technical and logistics services to the shipping, marine, energy, offshore and insurance industries, announces that it has received notification of the acquisition of a total of 10,300 ordinary shares of 10p each in the Company ("Ordinary Shares") acquired at 227p each by Jürgen Breuer, a non-executive director of the Company, on 2 November 2018.
Following the transaction, Mr. Breuer's total holding of Ordinary Shares (including those of persons closely associated with him) is 81,300 representing approximately 0.26% of the Company's issued ordinary share capital.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
For further information, contact:
Braemar Shipping Services |
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James Kidwell, Chief Executive |
Tel +44 (0) 20 3142 4100 |
James Hayward, Interim Finance Director Peter Mason, Company Secretary |
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Stockdale Securities |
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Robert Finlay / Antonio Bossi / Henry Willcocks |
Tel +44 (0) 20 7601 6100 |
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Buchanan |
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Charles Ryland / Stephanie Watson / Matilda Abraham |
Tel +44 (0) 20 7466 5000
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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 750 people in more than 60 locations worldwide across its Shipbroking, Technical, Logistics and Financial 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
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Jürgen Breuer |
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2
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Reason for the notification
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a)
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Position/status
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Non-executive Director |
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b)
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Initial notification /Amendment
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Initial |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Braemar Shipping Services plc |
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b)
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LEI
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213800EV6IKTTHJ83C19 |
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 10p each
GB0000600931 |
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b)
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Nature of the transaction
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Acquisition of ordinary shares of 10p each |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information
- Aggregated volume
- Price
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10,300 ordinary shares of 10p each
£23,381
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e)
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Date of the transaction
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2 November 2018 |
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f)
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Place of the transaction
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London Stock Exchange, Main Market |