TIDMBMS

RNS Number : 8020A

Braemar Shipping Services PLC

04 June 2021

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 
=============  =======================  ========  =============== 
                Group Chief Executive 
 James Gundy     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    Tel +44 (0) 20 3142 4100 
   Officer 
  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 /     Tel +44 (0) 20 7466 5000 
   Stephanie Watson / Matilda Abraham 
 

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         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 
                                     GB0000600931 
        Identification code 
      ---------------------------  ------------------------------------- 
  b)    Nature of the transaction    Acquisition of ordinary shares of 
                                      10p each 
      ---------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)        Price(s)  Volume(s) 
                                      254.5p    20,000 
      ---------------------------  ------------------------------------- 
 d)    Aggregated information 
        - Aggregated volume           20,000 ordinary shares of 10p each 
        - Price                       GBP50,900 
      ---------------------------  ------------------------------------- 
 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         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 
                                     GB0000600931 
        Identification code 
      ---------------------------  ------------------------------------ 
  b)    Nature of the transaction    Acquisition of ordinary shares of 
                                      10p each 
      ---------------------------  ------------------------------------ 
 c)    Price(s) and volume(s)        Price(s)  Volume(s) 
                                      250p      6,400 
      ---------------------------  ------------------------------------ 
 d)    Aggregated information 
        - Aggregated volume           6,400 ordinary shares of 10p each 
        - Price                       GBP16,000 
      ---------------------------  ------------------------------------ 
 e)    Date of the transaction      03/06/2021 
      ---------------------------  ------------------------------------ 
 f)    Place of the transaction     London Stock Exchange 
      ---------------------------  ------------------------------------ 
 

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June 04, 2021 02:00 ET (06:00 GMT)

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