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 +44 (0) 20 3142 4100 |
| Nick Stone, Group Chief Operating Officer & Finance Director |
|
| Peter Mason, Company Secretary
|
|
| finnCap |
|
| Matt Goode / James Thompson | Tel +44 (0) 20 7220 0500 |
|
|
|
|
|
|
| Buchanan |
|
| Charles Ryland / Victoria Hayns / Stephanie Watson / Matilda Abraham | Tel +44 (0) 20 7466 5000 |
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)
|
| ||||
| 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)
|
| ||||
| 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 | ||||
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
