TIDMBMS

RNS Number : 7799Q

Braemar Shipping Services PLC

02 March 2016

Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

Please complete all relevant boxes should in block capital letters.

 
                                                   State whether the 
                                                    notification relates 
                                                    to (i) a transaction 
                                                    notified in accordance 
                                                    with DTR 3.1.2 R, 
                                                    (ii) a disclosure 
                                                    made in accordance 
                                                    with section 793 
      Name of the issuer                            of the Companies 
                                                    Act 2006, or (iii) 
                                                    in accordance with 
                                                    paragraph 26 of the 
                                                    Model Code 
 
       Braemar Shipping Services                    In accordance with 
 1     plc                                    2     DTR 3.1.2R 
===  ======================================  ===  ====================================== 
                                                   State whether notification 
                                                    relates to a person 
                                                    connected with a 
                                                    person discharging 
      Name of person discharging                    managerial responsibilities/director 
       managerial responsibilities/director         named in 3 and identify 
                                                    the connected person 
 
 3     James Gundy (PDMR)                     4     N/A 
===  ======================================  ===  ====================================== 
      Indicate whether the 
       notification is in 
       respect of a holding                        Description of shares 
       of the person referred                       (including class), 
       to in 3 or 4 above                           debentures or derivatives 
       or in respect of a                           or financial instruments 
       non-beneficial interest1                     relating to shares 
 
       Person referred to 
 5     in 3 above                             6     Ordinary 10p shares 
===  ======================================  ===  ====================================== 
      Name of registered 
       shareholders(s) and, 
       if more than one,                           State the nature 
       the number of shares                         of the transaction 
       held by each of them 
 
 7     James Gundy                            8     Sale 
===  ======================================  ===  ====================================== 
                                                   Percentage of issued 
      Number of shares,                             class acquired (treasury 
       debentures or financial                      shares of that class 
       instruments relating                         should not be taken 
       to shares acquired                           into account when 
                                                    calculating percentage) 
 
 9     27,500 shares                          10    0.09 % 
===  ======================================  ===  ====================================== 
      Number of shares,                            Percentage of issued 
       debentures or financial                      class disposed (treasury 
       instruments relating                         shares of that class 
       to shares disposed                           should not be taken 
                                                    into account when 
                                                    calculating percentage) 
 
 11    N/A                                    12    N/A 
===  ======================================  ===  ====================================== 
                                                   Date and place of 
                                                    transaction 
      Price per share or 
       value of transaction                         25 February 2016 
                                                    (25,000 shares) 
       428p (25,000 shares)                         29 February 2016 
 13    425p (2,500 shares)                    14    (2,500 shares) 
===  ======================================  ===  ====================================== 
      Total holding following 
       notification and total 
       percentage holding 
       following notification 
       (any treasury shares 
       should not be taken                         Date issuer informed 
       into account when                            of transaction 
       calculating percentage) 
 15    468,852 shares (1.56%)                 16    1 March 2016 
===  ======================================  ===  ====================================== 
 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

 
                                        Period during which 
                                         or date on which 
 17   Date of grant                18    exercisable 
===  ===========================  ===  ======================== 
      Total amount paid                 Description of shares 
       (if any) for grant                or debentures involved 
 19    of the option               20    (class and number) 
===  ===========================  ===  ======================== 
      Exercise price (if 
       fixed at time of grant)          Total number of shares 
       or indication that                or debentures over 
       price is to be fixed              which options held 
 21    at the time of exercise     22    following notification 
===  ===========================  ===  ======================== 
                                        Name of contact and 
                                         telephone number 
                                         for queries 
                                         Alex Vane 020 3142 
 23   Any additional information   24    4100 
===  ===========================  ===  ======================== 
 

Name of authorised officer of issuer responsible for making notification

Alex Vane, Company Secretary______________________________________________

Date of notification

2 March 2016____________________________________

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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