Braemar Shipping Services PLC Director/PDMR Shareholding (6735B)

TIDMBMS

RNS Number : 6735B

Braemar Shipping Services PLC

20 June 2016

BRAEMAR SHIPPING SERVICES PLC

("Braemar" or the "Company")

Director/PDMR Shareholding

Braemar Shipping Services PLC (LSE: BMS), a leading international provider of knowledge and skills-based services to the shipping, marine, energy, offshore and insurance industries, announces that, on 17 June 2016, the Company's Remuneration Committee granted awards over a total of 134,301 ordinary shares of 10 pence each ("Shares") under the Company's Long Term Incentive Plan ("LTIP") to certain PDMRs of the Company, as follows:

 
 PDMR         LTIP award   Resultant total 
                            LTIP interest 
 J. Gundy       44,767         44,767 
 G. Smith       44,767         44,767 
 K. Gorman      44,767         44,767

These awards have been made at nil cost, will vest over a period of three years and are subject to certain performance criteria based on the Company's earnings per share and underlying operating profit performance over a three year period. Further information in relation to the LTIP is contained in the Company's 2016 Annual Report.

20 June 2016

For further information please contact:

 
 Braemar Shipping Services 
  James Kidwell, Chief Executive   Tel +44 (0) 20 3142 
                                                  4100 
  Louise Evans, Finance Director 
 
 Stockdale Securities 
  Robert Finlay / Antonio          Tel +44 (0) 20 7601 
   Bossi / Richard Johnson                        6100 
   / Henry Willcocks 
 
 Buchanan 
  Charles Ryland                   Tel +44 (0) 20 7466 
   Stephanie Watson                               5000

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 1,000 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

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHAKKDQFBKKAAB

(END) Dow Jones Newswires

June 20, 2016 04:49 ET (08:49 GMT)

Braemar (LSE:BMS)
Historical Stock Chart
From Jun 2024 to Jul 2024