BRAEMAR PLC

AGM Information • Apr 18, 2023

National Storage Mechanism | Additional information

RNS Number : 6128W

Braemar PLC

18 April 2023

18 April 2023

BRAEMAR PLC

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

Results of General Meeting

Braemar Plc (LSE: BMS), a provider of expert investment, chartering, and risk management advice to the shipping and energy markets, is pleased to announce that each of the special resolutions proposed at its General Meeting held earlier today were duly passed by means of a poll vote.

The total voting rights that members were entitled to exercise at the General Meeting were 32,924,877, the poll results are set out below.

In accordance with Listing Rule 9.6.2, full details of the resolutions will be submitted to the National Storage Mechanism and will shortly be available for inspection.

	Resolution	Votes For	% For	Votes Against	% Against	Total Votes	Votes Withheld
1	To authorise the cancellation of the Share Premium Account.	8,221,674	99.69	25,270	0.31	8,246,944	19,792
2	To authorise the cancellation of the Capital Redemption Reserve.	8,235,651	99.85	12,581	0.15	8,248,232	18,504
3	To authorise the directors to allot the B Ordinary Shares.	8,220,346	99.58	34,314	0.42	8,254,660	12,076
4	To authorise the directors to prescribe the rights attached to the B Ordinary Shares.	8,223,217	99.63	30,605	0.37	8,253,822	12,914
5	To authorise the directors to cancel the B Ordinary Shares and credit the cancellation amount to the reserves of the Company.	8,222,723	99.65	28,850	0.35	8,251,573	15,163
6	To appropriate distributable profits to the relevant accounting periods during which the dividends were declared and paid.	7,471,513	99.84	11,717	0.16	7,483,230	783,506
7	To ratify and authorise the entry into deeds of release for shareholders relating to the relevant dividends.	7,114,012	99.86	9,646	0.14	7,123,658	1,143,078
8	To ratify and authorise the entry into deeds of release for directors relating to the relevant dividends.	7,104,928	99.65	24,781	0.35	7,129,709	1,137,027

For further information, contact:

Braemar Plc
Nick Stone, Group Chief Financial Officer		Tel +44 (0) 20 3142 4100
Rebecca-Joy Wekwete, Company Secretary
Investec Bank plc
Gary Clarence / Harry Hargreaves / Alice King		Tel +44 (0) 20 7597 5970
Cenkos Securities plc Ben Jeynes / Max Gould (Corporate Finance) Alex Pollen / Leif Powis (Sales)		Tel +44 (0) 20 7397 8900
Buchanan
Charles Ryland / Jamie Hooper / Jack Devoy		Tel +44 (0) 20 7466 5000

Notes to Editors:

About Braemar Plc

Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping. Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers' needs, and provide an integrated service supported by a collaborative culture.

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, please visit www.braemar.com and follow Braemar on LinkedIn.

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