Director/PDMR Shareholding

RNS Number : 2791Y

Braemar Shipping Services PLC

13 January 2022

 

BRAEMAR   SHIPPING SERVICES PLC

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

13 January 2022

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 notifications of the purchase of ordinary shares of 10p each in the capital of the Company ("Shares") by Nigel Payne, Chairman of the Company, and of the sale of Shares by Peter Wilson, Managing Director of Braemar's Logistics Division, Cory Brothers.

Nigel Payne bought 1,858 Shares at 274.49p per Share on 11 January 2022 and Peter Wilson sold 1,500 Shares at 277.5p per Share on 11 January 2022.

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

Name	Title	Shares	% of Company's issued share capital
Nigel Payne	Chairman	8,258	0.03%
Peter Wilson	Managing Director, Cory Brothers	2,750	0.01%

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, Chief Financial Officer
Peter Mason, General Counsel & 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	Peter Wilson
2	Reason for the notification
a)	Position/status	Managing Director, Logistics Division
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	Sale of ordinary shares of 10p each
c)	Price(s) and volume(s)	Price(s)  Volume(s) 277.5p 1,500
d)	Aggregated information - Aggregated volume  - Price	1,500 ordinary shares of 10p each  4,162.50
e)	Date of the transaction	11/01/2022
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	Purchase of ordinary shares of 10p each
c)	Price(s) and volume(s)	Price(s)  Volume(s) 274.49p 1,858
d)	Aggregated information - Aggregated volume  - Price	1,858 ordinary shares of 10p each  5,100
e)	Date of the transaction	11/01/2022
f)	Place of the transaction	London Stock Exchange

 

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