Braemar Shipping Services PLC Director/PDMR Shareholding (0626P)
26 August 2017 - 1:21AM
UK Regulatory
TIDMBMS
RNS Number : 0626P
Braemar Shipping Services PLC
25 August 2017
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
25 August 2017
Director / PDMR Shareholding
Braemar Shipping Services plc (LSE: BMS), a leading
international provider of broking, consultancy, technical and other
services to the shipping, marine, energy, offshore and insurance
industries, announces that the Company was informed on 24 August
2017 that the trustee of the Braemar Shipping Services plc Employee
Share Ownership Plan had released 13,250 ordinary shares of 10
pence each in the Company ("Shares") to James Gundy, Chief
Executive of the Company's Shipbroking Division.
The release was made following the vesting, on 25 July 2017, of
the Shares awarded to James Gundy at nil cost under the Company's
Restricted Share Plan.
Following this announcement, James Gundy holds 477,102 Shares,
equivalent to 1.58% of the Company's issued ordinary share
capital.
A copy of the notification made in accordance with Article 19 of
the EU Market Abuse Regulation is below.
For further information, contact:
Braemar Shipping Services
James Kidwell, Chief Executive Tel +44 (0) 20 3142 4100
Louise Evans, Finance Director Tel +44 (0) 20 3142 4100
Peter Mason, Company Secretary Tel +44 (0) 20 3142 4100
Stockdale Securities
Robert Finlay / Antonio Bossi / Henry Tel +44 (0) 20 7601 6100
Willcocks
Buchanan
Charles Ryland / Vicky Watkins / Tel +44 (0) 20 7466 5000
Stephanie Watson
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 850 people in more than 70 locations
worldwide across its Shipbroking, Technical 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
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name James Gundy
2 Reason for the notification
a) Position/status CEO, Shipbroking
b) Initial notification Initial
/Amendment
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 Ordinary shares of 10p each
financial instrument,
type of instrument
Identification code GB0000600931
b) Nature of the transaction Release of ordinary shares of 10p each
to James Gundy from the Company's ESOP
following their vesting pursuant to
the Company's Restricted Share Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 13,250 shares
d) Aggregated information
- Aggregated volume 13,250 ordinary shares of 10p each
- Price Nil
e) Date of the transaction 23 August 2017
f) Place of the transaction London Stock Exchange, Main Market
This information is provided by RNS
The company news service from the London Stock Exchange
END
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