Braemar Shipping Services PLC Block Listing Application (2152E)
March 09 2022 - 7:45AM
UK Regulatory
TIDMBMS
RNS Number : 2152E
Braemar Shipping Services PLC
09 March 2022
9 March 2022
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
Block Listing Application
Braemar (LSE: BMS), a leading international Shipbroker and
provider of expert advice in shipping investment, chartering and
risk management, announces that a block listing application has
been made for 550,000 ordinary shares of 10p each in the Company
(the "Shares") to be admitted to the Official List of the UK
Listing Authority and to trading on the main market of the London
Stock Exchange.
The Shares will be issued from time to time pursuant to the
exercise of share options granted under the following Braemar 'Save
As You Earn' ("SAYE") schemes:
Scheme No. of Ordinary Shares
United Kingdom SAYE scheme 414,000
-----------------------
International SAYE Scheme 136,000
-----------------------
The Shares shall, on issue, rank pari passu with the existing
ordinary shares in issue and will be allotted from time to time in
accordance with the exercise of options under the SAYE . More
information on the SAYE can be found in the Company's 2021 Annual
Report.
It is expected that admission will become effective on 14 March
2022. Following admission, the Company's issued share capital
remains unchanged at 32,200,279 ordinary shares.
For further information, contact:
Braemar Shipping Services
James Gundy, Group Chief Executive Officer Tel +44 (0) 20
3142 4100
Nick Stone, Group Chief Financial Officer
Peter Mason, Company Secretary
Investec Bank Plc
Gary Clarence / Alex Penney / Alice King Tel +44 (0) 20
7597 5970
Buchanan
Charles Ryland / Victoria Hayns / Stephanie Tel +44 (0) 20
Whitmore / Matilda Abraham 7466 5000
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 370 employees in 14
offices worldwide across its Shipbroking and Financial
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 news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
ALSBKCBQBBKDNNK
(END) Dow Jones Newswires
March 09, 2022 07:45 ET (12:45 GMT)
Braemar (LSE:BMS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Braemar (LSE:BMS)
Historical Stock Chart
From Jul 2023 to Jul 2024