Director/PDMR Shareholding
June 01 2010 - 5:05AM
UK Regulatory
TIDMBMS
RNS Number : 8325M
Braemar Shipping Services PLC
01 June 2010
Braemar Shipping Services plc (the "Company")
Director / PDMR Shareholding
The Company announces that on 25 May 2010 the trustee of the Employee Share
Ownership Plan (the "ESOP") transferred 6,667 ordinary shares to each of Alan
Marsh, James Kidwell, Quentin Soanes and Denis Petropoulos, executive directors
of the Company.
The ordinary shares have been transferred out of the ESOP for nil consideration
in order to satisfy shares earned under the Long Term Incentive Plan, following
satisfaction of the performance conditions.
Following these awards under the Long Term Incentive Plan the holdings of the
executive directors are outlined.
+--------------+----------+--------------+-------------+
| Director | LTIP | Total | % of issued |
| | award | Shareholding | share |
| | | | capital |
+--------------+----------+--------------+-------------+
| A.R.W. Marsh | 6,667 | 1,244,406 | 5.90% |
+--------------+----------+--------------+-------------+
| J.R.V. | 6,667 | 96,417 | 0.45% |
| Kidwell | | | |
+--------------+----------+--------------+-------------+
| Q.B. Soanes | 6,667 | 1,180,677 | 5.60% |
+--------------+----------+--------------+-------------+
| D. | 6,667 | 579,858 | 2.75% |
| Petropoulos | | | |
+--------------+----------+--------------+-------------+
1 June 2010
For further information, contact:
+------------------------------------+-----------------------+
| Braemar Shipping Services plc | |
+------------------------------------+-----------------------+
| James Kidwell | Tel 020 7535 2881 |
| | |
+------------------------------------+-----------------------+
| Charles Stanley Securities | |
+------------------------------------+-----------------------+
| Mark Taylor / Carl Holmes | Tel 020 7149 6000 |
+------------------------------------+-----------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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