BRAEMAR PLC

Director's Dealing • Nov 13, 2020

National Storage Mechanism | Additional information

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 +44 (0) 20 3142 4100
Nick Stone, Finance Director
Peter Mason, Company Secretary
finnCap
Matt Goode/ James Thompson/ Kate Washington	Tel +44 (0) 20 7220 0500
Buchanan
Charles Ryland / Victoria Hayns / Stephanie Watson / Matilda Abraham	Tel +44 (0) 20 7466 5000

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 /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 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)

Transaction 1 (Sale)

Transaction 2 (Purchase)

Price(s)	Volume(s)
137p 137p	8,632 8,632

d)

Aggregated information

Transaction 1 (Sale)

- Aggregated volume

- Price  

-     - Aggregated Price

Transaction 2 (Purchase)

- Aggregated volume

- Price  

-     - Aggregated Price

8,632 ordinary shares of 10p each 

137p

£11,825.84

8,632 ordinary shares of 10p each 

137p

£11,825.84

e)

Date of the transaction  

12 November 2020

f)

Place of the transaction 

London Stock Exchange

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