Braemar Shipping Services PLC Director / PDMR Shareholding (4234B)

TIDMBMS

RNS Number : 4234B

Braemar Shipping Services PLC

30 January 2020

BRAEMAR SHIPPING SERVICES PLC

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

30 January 2020

Director / PDMR Shareholding

Braemar Shipping Services plc (LSE: BMS), a leading international provider of shipbroking, financial advisory, logistics and engineering services principally to the shipping and energy industries, announces that it has received notification of the acquisition of a total of 9,000 ordinary shares of 10 pence each in the Company ("Shares") by Ronald Series, Executive Chairman of the Company, with 5,000 Shares purchased at 213.99 pence each and 4,000 Shares at 209 pence each.

Following the transaction, Mr. Series' total holding of Shares (including those of persons closely associated with him) is 9,000 representing approximately 0.03% of the Company's issued ordinary share capital.

The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

For further information, contact:

 
 Braemar Shipping Services 
  Ronald Series, Executive Chairman     Tel [phone] 
  Nick Stone, Finance Director 
   Peter Mason, Company Secretary 
 
 finnCap 
  Matt Goode/ James Thompson/ Kate      Tel [phone] 
   Washington 
 
 Buchanan 
  Charles Ryland / Victoria Hayns /     Tel [phone] 
   Stephanie Watson / Matilda Abraham 
 

Notes to Editors:

About Braemar Shipping Services plc

Braemar Shipping Services plc is a leading international provider of shipbroking, financial advisory, logistics and engineering services principally to the shipping and energy industries. Founded in 1972, Braemar employs approximately 530 people in 30 locations worldwide across its Shipbroking, Financial, Logistics and Engineering 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                         Ronald Series 
2   Reason for the notification 
a)  Position/status              Executive 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 
 
     Identification code          GB0000600931 
b)  Nature of the transaction    Acquisition of ordinary shares of 
                                  10p each 
c)  Price(s) and volume(s)        Price(s)  Volume(s) 
 
                                    213.99p   5,000 shares 
d)  Aggregated information 
 
     - Aggregated volume           5,000 ordinary shares of 10p each 
 
     - Price                       GBP10,699.50 
e)  Date of the transaction      28 January 2020 
f)  Place of the transaction     London Stock Exchange, Main Market 
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 
 
     Identification code          GB0000600931 
b)  Nature of the transaction    Acquisition of ordinary shares of 
                                  10p each 
c)  Price(s) and volume(s)        Price(s)  Volume(s) 
 
                                    209p      4,000 shares 
d)  Aggregated information 
 
     - Aggregated volume           4,000 ordinary shares of 10p each 
 
     - Price                       GBP8,360.00 
e)  Date of the transaction      29 January 2020 
f)  Place of the transaction     London Stock Exchange, Main Market 
 

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 [e-mail] or visit www.rns.com.

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January 30, 2020 03:54 ET (08:54 GMT)