BRAEMAR PLC

AGM Information • Aug 26, 2021

National Storage Mechanism | Additional information

RNS Number : 9343J

Braemar Shipping Services PLC

26 August 2021

26 August 2021

BRAEMAR SHIPPING SERVICES PLC

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

Results of Annual General Meeting

Braemar Shipping Services Plc (LSE: BMS), a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, is pleased to announce that each of the resolutions proposed at its Annual General Meeting (the "AGM") held earlier today were duly passed by means of a poll vote.

The poll results were as follows:

	Resolution	Votes For	% For	Votes Against	% Against	Total Votes	% of ISC voted	Votes Withheld
1	Receipt of the audited annual accounts and reports	8,099,680	99.96	3,517	0.04	8,103,197	25.33	5,872
2	Approval of the directors' remuneration report (other than the remuneration policy)	6,749,027	83.51	1,333,085	16.49	8,082,112	25.26	26,957
3	Approval of the final dividend	8,106,004	99.97	2,096	0.03	8,108,100	25.34	969
4	Re-election of Elizabeth Gooch as a director	7,206,409	99.51	35,333	0.49	7,241,742	22.63	867,327
5	Re-election of James Gundy as a director	7,774,406	96.17	309,954	3.83	8,084,360	25.27	24,709
6	Re-election of Stephen Kunzer as a director	8,064,735	99.76	19,594	0.24	8,084,329	25.27	24,740
7	Re-election of Nigel Payne as a director	7,798,976	96.47	285,384	3.53	8,084,360	25.27	24,709
8	Re-election of Tristram Simmonds as a director	7,805,115	96.57	277,205	3.43	8,082,320	25.26	26,749
9	Re-election of Nicholas Stone as a director	7,813,518	96.65	270,842	3.35	8,084,360	25.27	24,709
10	Re-election of Lesley Watkins as a director	7,811,551	96.64	271,314	3.36	8,082,865	25.26	26,204
11	Re-appointment of BDO LLP as auditors	8,061,826	99.74	21,087	0.26	8,082,913	25.26	26,156
12	Authority to determine the auditor's remuneration	8,065,351	99.81	15,463	0.19	8,080,814	25.26	28,255
13	Authority to allot share capital	8,040,054	99.27	59,329	0.73	8,099,383	25.31	9,686
14	Approval of the Deferred Bonus Plan	8,011,205	99.18	66,118	0.82	8,077,323	25.25	31,746
15	Authority to disapply pre-emption rights*	7,993,046	98.86	92,205	1.14	8,085,251	25.27	23,818
16	Authority to further disapply pre-emption rights*	6,846,738	84.69	1,237,821	15.31	8,084,559	25.27	24,510
17	Authority to purchase own shares*	8,065,204	99.50	40,628	0.50	8,105,832	25.33	3,237
18	Authority to call a general meeting (other than the Annual General Meeting) on 14 clear days' notice*	8,079,811	99.82	14,789	0.18	8,094,600	25.30	14,469

* indicates special resolutions requiring a 75% majority.

Please note that a vote withheld is not a vote under English law and is not counted in the calculation of the votes "for" and "against" a resolution.  The total voting rights that members were entitled to exercise at the AGM were 31,995,335.

For further information, contact:

Braemar Shipping Services Plc
James Gundy, Group Chief Executive Officer	Tel +44 (0) 20 3142 4100
Nick Stone, Chief Financial Officer
Peter Mason, Company Secretary
finnCap
Matt Goode/ James Thompson
Buchanan	Tel +44 (0) 20 7220 0500
Charles Ryland / Victoria Hayns / Stephanie Watson / Matilda Abraham
	Tel +44 (0) 20 7466 5000

Notes to Editors:

About Braemar

Braemar is a leading international Shipbroker and provider of expert advice in shipping investment, chartering and risk management. Braemar employs approximately 520 people in 30 locations 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

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