Braemar Shipping Services PLC Director/PDMR Shareholding (7624J)
June 30 2017 - 6:32AM
UK Regulatory
TIDMBMS
RNS Number : 7624J
Braemar Shipping Services PLC
30 June 2017
BRAEMAR SHIPPING SERVICES PLC
("Braemar" or the "Company")
Director / PDMR Shareholding
Braemar Shipping Services PLC (LSE: BMS), a leading
international provider of knowledge and skills-based services to
the shipping, marine, energy, offshore and insurance industries
announces that the Company was informed on 28 June 2017 that the
trustee of the Braemar Shipping Services plc Employee Share
Ownership Plan ("ESOP") released 5,179 ordinary shares of 10 pence
each in the Company ("Shares") to James Kidwell, Chief Executive of
the Company and 4,000 Shares to Grant Smith a PDMR.
The release of the Shares was made following the vesting, on 22
May 2017, of the Shares awarded to James Kidwell and Grant Smith at
nil cost under the Company's Deferred Bonus Plan in relation to the
year ended 28 February 2014.
Following this announcement, James Kidwell holds 145,249 Shares,
equivalent to 0.5% of the Company's issued ordinary share capital
and Grant Smith holds 48,375 Shares, equivalent to 0.2% of the
Company's issued ordinary share capital.
30 June 2017
For further information, contact:
Braemar Shipping Services
James Kidwell, Chief Executive Tel +44 (0) 20 3142
4100
Louise Evans, Finance Director Tel +44 (0) 20 3142
4100
Stockdale Securities
Robert Finlay / Antonio Tel +44 (0) 20 7601
Bossi / Henry Willcocks 6100
Buchanan
Charles Ryland / Victoria Tel +44 (0) 20 7466
Hayns / Stephanie Watson 5000
About Braemar Shipping Services plc
Braemar Shipping Services plc is a leading international
provider of knowledge and skill-based services to the shipping,
marine, energy, offshore and insurance industries. Founded in 1972,
Braemar employs approximately 850 people in more than 70 locations
worldwide across its Shipbroking, Technical 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
Notification and public disclosure of transactions by persons
discharging managerial responsibilities ("PDMRs") and persons
closely associated ("PCA") with them.
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name James Kidwell
2 Reason for the notification
a) Position/status Executive Director
b) Initial notification / Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Braemar Shipping Services plc
b) LEI N/A
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 Options over Ordinary shares of 10 pence each
instrument ISIN: GB0000600931
Identification code:
b) Nature of the transaction Release of shares from ESOP under Deferred Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 5,179
d) Aggregated information N/A
e) Date of the transaction 28 June 2017
f) Place of the transaction Off market
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Grant Smith
2 Reason for the notification
a) Position/status PDMR
b) Initial notification / Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Braemar Shipping Services plc
b) LEI N/A
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 Options over Ordinary shares of 10 pence each
instrument ISIN: GB0000600931
Identification code:
b) Nature of the transaction Release of shares from ESOP under Deferred Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 4,000
d) Aggregated information N/A
e) Date of the transaction 28 June 2017
f) Place of the transaction Off market
This information is provided by RNS
The company news service from the London Stock Exchange
END
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