Braemar Shipping Services PLC Director/PDMR Shareholding (1964F)

TIDMBMS

RNS Number : 1964F

Braemar Shipping Services PLC

13 November 2020

13 November 2020

BRAEMAR SHIPPING SERVICES PLC

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

Director / PDMR Shareholding

Braemar Shipping Services Plc (LSE: BMS), a leading international provider of shipbroking, financial advisory and logistics services to the shipping and energy industries, announces that Peter Mason, the Company's General Counsel and Company Secretary and a PDMR, carried out a "Bed and ISA" transfer of ordinary shares of 10p each in the Company ("Ordinary Shares") from his share dealing account to his ISA on 12 November 2020.

Details of the transaction are shown in the notification provided below in accordance with the requirements of the EU Market Abuse Regulation.

The beneficial holding of Peter Mason (and persons closely associated with him) is unchanged following this transaction and Peter Mason remains beneficially interested in 8,632 Ordinary Shares representing approximately 0.03% of the Company's issued ordinary share capital.

For further information, contact:

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

Notes to Editors:

About Braemar Shipping Services Plc

Braemar Shipping Services Plc is a leading international provider of shipbroking, financial advisory and logistics services principally to the shipping and energy industries. Founded in 1972, Braemar employs approximately 530 people in 28 offices 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                             Peter Mason 
2   Reason for the notification 
a)  Position/status                  General Counsel and Company Secretary 
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 8,632 ordinary shares from 
                                      Peter Mason's dealing account and subsequent 
                                      purchase of 8,632 ordinary shares by 
                                      Peter Mason's ISA through a "Bed and 
                                      ISA" arrangement. 
c)  Price(s) and volume(s)            Price(s)  Volume(s) 
     Transaction 1 (Sale)              137p      8,632 
     Transaction 2 (Purchase)           137p      8,632 
d)        Aggregated information 
           Transaction 1 (Sale) 
           - Aggregated volume         8,632 ordinary shares of 10p each 
           - Price                     137p 
            *    Aggregated Price      GBP11,825.84 
 
                                       8,632 ordinary shares of 10p each 
           Transaction 2 (Purchase)    137p 
           - Aggregated volume         GBP11,825.84 
           - Price 
            *    Aggregated Price 
e)  Date of the transaction          12 November 2020 
f)  Place of the transaction         London Stock Exchange 
 

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November 13, 2020 02:00 ET (07:00 GMT)