Director/PDMR Shareholding
Updated : 07:00
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
13 January 2022
Director / PDMR Shareholding
Braemar (LSE: BMS), a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, announces that it has received notifications of the purchase of ordinary shares of 10p each in the capital of the Company ("Shares") by Nigel Payne, Chairman of the Company, and of the sale of Shares by Peter Wilson, Managing Director of Braemar's Logistics Division, Cory Brothers.
Nigel Payne bought 1,858 Shares at 274.49p per Share on 11 January 2022 and Peter Wilson sold 1,500 Shares at 277.5p per Share on 11 January 2022.
Following these transactions, the total holding of Shares of each of Nigel Payne and Peter Wilson (including those of persons closely associated with them) is as follows:
Name | Title | Shares | % of Company's issued share capital |
Nigel Payne | Chairman | 8,258 | 0.03% |
Peter Wilson | Managing Director, Cory Brothers | 2,750 | 0.01% |
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
For further information, contact:
Braemar Shipping Services |
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James Gundy, Group Chief Executive Officer | Tel +44 (0) 20 3142 4100 |
Nick Stone, Chief Financial Officer |
|
Peter Mason, General Counsel & Company Secretary
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|
Investec |
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Gary Clarence / Alex Penney / Alice King | Tel +44 (0) 20 7597 5970 |
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|
|
Buchanan |
|
Charles Ryland / Victoria Hayns / Stephanie Whitmore / Matilda Abraham | Tel +44 (0) 20 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, risk management and logistics services. Braemar employs approximately 540 people in 30 offices worldwide across its Shipbroking, Financial 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
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Peter Wilson
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director, Logistics Division
| ||||
b)
| Initial notification /Amendment
| Initial | ||||
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 financial instrument, type of instrument Identification code
| Ordinary shares of 10p each
GB0000600931 | ||||
b) | Nature of the transaction | Sale of ordinary shares of 10p each | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
1,500 ordinary shares of 10p each £4,162.50 | ||||
e)
| Date of the transaction
| 11/01/2022 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Nigel Payne
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chairman
| ||||
b)
| Initial notification /Amendment
| Initial | ||||
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 financial instrument, type of instrument Identification code
| Ordinary shares of 10p each
GB0000600931 | ||||
b) | Nature of the transaction | Purchase of ordinary shares of 10p each | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
1,858 ordinary shares of 10p each £5,100 | ||||
e)
| Date of the transaction
| 11/01/2022 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
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