TIDMBMS

RNS Number : 2791Y

Braemar Shipping Services PLC

13 January 2022

   BRAEMAR   SHIPPING SERVICES PLC 

("Braemar", the "Company" or the "Group")

13 January 2022

Director / PDMR Shareholding

Braemar (LSE: BMS ), a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services , announces that it has received notifications of the purchase of ordinary shares of 10p each in the capital of the Company ("Shares") by Nigel Payne, Chairman of the Company, and of the sale of Shares by Peter Wilson, Managing Director of Braemar's Logistics Division, Cory Brothers.

Nigel Payne bought 1,858 Shares at 274.49p per Share on 11 January 2022 and Peter Wilson sold 1,500 Shares at 277.5p per Share on 11 January 2022.

Following these transactions, the total holding of Shares of each of Nigel Payne and Peter Wilson (including those of persons closely associated with them) is as follows:

 
 Name            Title                 Shares   % of Company's 
                                                 issued share 
                                                    capital 
==============  ====================  =======  =============== 
 Nigel Payne     Chairman              8,258        0.03% 
==============  ====================  =======  =============== 
                 Managing Director, 
 Peter Wilson     Cory Brothers        2,750        0.01% 
==============  ====================  =======  =============== 
 

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, Chief Financial Officer 
  Peter Mason, General Counsel & Company 
   Secretary 
 Investec 
  Gary Clarence / Alex Penney / Alice      Tel +44 (0) 20 7597 5970 
   King 
 
 
 Buchanan 
  Charles Ryland / Victoria Hayns /        Tel +44 (0) 20 7466 5000 
   Stephanie Whitmore / 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, risk management and logistics services. Braemar employs approximately 540 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                        Peter Wilson 
     --------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------ 
 a)   Position/status             Managing Director, Logistics Division 
     --------------------------  -------------------------------------- 
 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   Sale of ordinary shares of 
                                   10p each 
     --------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)  Volume(s) 
                                    277.5p    1,500 
     --------------------------  -------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume          1,500 ordinary shares of 10p each 
       - Price                      GBP4,162.50 
     --------------------------  -------------------------------------- 
 e)   Date of the transaction     11/01/2022 
     --------------------------  -------------------------------------- 
 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   Purchase of ordinary shares 
                                   of 10p each 
     --------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)       Price(s)  Volume(s) 
                                    274.49p   1,858 
     --------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume          1,858 ordinary shares of 10p each 
       - Price                      GBP5,100 
     --------------------------  ------------------------------------ 
 e)   Date of the transaction     11/01/2022 
     --------------------------  ------------------------------------ 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  ------------------------------------ 
 

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END

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