Braemar Shipping Services PLC Result of AGM (9413I)

TIDMBMS

RNS Number : 9413I

Braemar Shipping Services PLC

22 June 2017

BRAEMAR SHIPPING SERVICES PLC

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

Result of AGM

Braemar Shipping Services plc (LSE: BMS) is pleased to announce that each of the resolutions proposed at the Annual General Meeting held earlier today were duly passed by means of a poll vote.

The votes cast were as follows:

 
 Resolution                   For      % For     Against    % Against   Withheld      Total 
 Resolution 
  1 
  Receipt of 
  Financial Statements 
  for the year 
  ended 28 February 
  2017                     5,767,104   99.71%    16,862       0.29%       1,500     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  2 
  Approval of 
  directors' 
  remuneration 
  report                   4,548,580   78.78%   1,225,460    21.22%      11,425     5,785,465 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  3 
  Approval of 
  remuneration 
  policy                   4,515,598   78.27%   1,253,979    21.73%      15,888     5,785,465 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  4 
  Declaration 
  of a final 
  dividend of 
  5 pence per 
  ordinary share           5,779,969   99.92%     4,422       0.08%       1,075     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  5 
  Re-election 
  of David Moorhouse 
  as a director            4,628,802   80.08%   1,151,768    19.92%       4,896     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  6 
  Re-election 
  of Mark Tracey 
  as a director            4,628,168   80.09%   1,150,646    19.91%       6,652     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  7 
  Re-election 
  of Jurgen Breuer 
  as a director            4,621,441   79.95%   1,158,629    20.05%       5,396     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  8 
  Re-election 
  of Alastair 
  Farley as a 
  director                 4,627,009   80.08%   1,151,021    19.92%       7,436     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  9 
  Re-election 
  of James Kidwell 
  as a director            4,595,401   98.90%    50,963       1.10%     1,139,102   5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  10 
  Re-election 
  of Louise Evans 
  as a director            4,592,632   98.89%    51,692       1.11%     1,141,142   5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  11 
  Re-appointment 
  of KPMG LLP 
  as auditors              5,756,576   99.63%    21,471       0.37%       7,419     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  12 
  To authorise 
  the directors 
  to determine 
  the auditor's 
  remuneration             5,773,682   99.83%     9,657       0.17%       2,127     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  13 
  Authority to 
  allot share 
  capital                  5,456,188   94.36%    325,856      5.64%       3,422     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  14 
  Authority of 
  directors to 
  dis-apply pre-emption 
  rights                   4,569,837   79.05%   1,211,328    20.95%       4,301     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  15 
  Authority of 
  directors to 
  further dis-apply 
  pre-emption 
  rights                   4,576,642   79.13%   1,207,215    20.87%       1,609     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  16 
  Authority to 
  purchase own 
  shares                   5,729,400   99.05%    55,049       0.95%       1,017     5,785,466 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 Resolution 
  17 
  Authority to 
  call a general 
  meeting (other 
  than the Annual 
  General Meeting) 
  on 14 days' 
  clear notice             5,757,847   99.60%    23,301       0.40%       4,317     5,785,465 
                          ----------  -------  ----------  ----------  ----------  ---------- 
 

-Ends-

For further information, contact:

 
 Braemar Shipping Services 
  James Kidwell, Chief Executive   Tel [phone] 
                                                  4100 
  Louise Evans, Finance Director   Tel [phone] 
                                                  4100 
 
 Stockdale Securities 
  Robert Finlay / Antonio          Tel [phone] 
   Bossi / Henry Willcocks                        6100 
 
 Buchanan 
  Charles Ryland / Victoria        Tel [phone] 
   Hayns / 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 850 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

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June 22, 2017 11:18 ET (15:18 GMT)