Director/PDMR Shareholding

RNS Number : 7507U

Braemar Shipping Services PLC

07 December 2021

 

BRAEMAR   SHIPPING SERVICES PLC

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

7 December 2021

Director / PDMR Shareholding

Braemar (LSE: BMS ), a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services , announces that it has received notification of the purchase of ordinary shares of 10p each in the capital of the Company ("Shares") by James Gundy, Group Chief Executive Officer.

James Gundy bought 23,000 Shares at 210p per Share on 3 December 2021. Following this transaction, James Gundy's total holding of Shares (including those of persons closely associated with him) is 657,436, equal to 2.04% of the Company's issued share capital.

The notification set out below is 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, Chief Financial Officer
Peter Mason, Company Secretary
Investec
Gary Clarence / Alex Penney / Alice King	Tel [phone]
Buchanan
Charles Ryland / Victoria Hayns / Stephanie Whitmore / 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, risk management and logistics services. Braemar employs approximately 540 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) 210p 23,000
d)	Aggregated information - Aggregated volume  - Price	23,000 ordinary shares of 10p each  48,300
e)	Date of the transaction	03/12/2021
f)	Place of the transaction	London Stock Exchange

 

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