Braemar Shipping Services PLC Director/PDMR Shareholding (6166T)

TIDMBMS

RNS Number : 6166T

Braemar Shipping Services PLC

04 July 2018

4 July 2018

BRAEMAR SHIPPING SERVICES PLC

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

Notification of transaction by Directors / Persons Discharging Managerial Responsibility and their Closely Associated Persons

Braemar Shipping Services plc (LSE: BMS), a leading international provider of broking, financial, consultancy, technical and logistics services to the shipping, marine, energy, offshore and insurance industries, announces that it has received notifications of the acquisition of ordinary shares of 10p each in the Company ("Ordinary Shares") by two of its non-executive directors.

Lesley Watkins bought 3,000 Ordinary Shares at 261.1506p each on 3 July 2018, following which her total holding of Ordinary Shares (including those of persons closely associated with her) is 3,000, representing approximately 0.01% of the Company's issued share capital.

Mark Tracey bought 7,400 Ordinary Shares at 260.04p each on 2 July 2018. Mr. Tracey's holding of Ordinary Shares has previously incorrectly been reported at 20,425, whereas it should have been 8,170. Therefore, following this transaction, Mr. Tracey's total holding of Ordinary Shares (including those of persons closely associated with him) is 15,570, representing approximately 0.05% of the Company's issued share capital.

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

For further information, please contact:

 
 Braemar Shipping Services plc 
  James Kidwell, Chief Executive      Tel [phone] 
  Peter Mason, Company Secretary      Tel [phone] 
 
 Stockdale Securities 
  Robert Finlay / Antonio Bossi /     Tel [phone] 
   Henry Willcocks 
 
 Buchanan 
  Charles Ryland / Stephanie Watson   Tel [phone] 
   / Tilly Abraham 
 

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 800 people in more than 70 locations worldwide across its Shipbroking, Technical, Logistics 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 presentations, visit www.braemar.com.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
1   Details of the person discharging managerial responsibilities 
     / person closely associated 
a)  Name                         Mark Tracey 
2   Reason for the notification 
a)  Position/status              Non-executive Director 
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 
c)  Price(s) and volume(s)        Price(s)  Volume(s) 
                                   260.04p   7,400 
d)  Aggregated information 
 
     - Aggregated volume           7,400 ordinary shares of 10p each 
 
     - Price                       GBP19,242.96 
e)  Date of the transaction      02/07/2018 
f)  Place of the transaction     London Stock Exchange, Main Market 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
1   Details of the person discharging managerial responsibilities 
     / person closely associated 
a)  Name                         Lesley Watkins 
2   Reason for the notification 
a)  Position/status              Non-executive Director 
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 
c)  Price(s) and volume(s)        Price(s)   Volume(s) 
                                   261.1506p  3,000 
d)  Aggregated information 
 
     - Aggregated volume           3,000 ordinary shares of 10p each 
 
     - Price                       GBP7,834.52 
e)  Date of the transaction      03/07/2018 
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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July 04, 2018 09:10 ET (13:10 GMT)