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By LSE RNS

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 Bossi / Henry Willcocks

Tel +44 (0) 20 7601 6100

 

 

Buchanan

 

Charles Ryland / Victoria Hayns / Stephanie Watson

Tel +44 (0) 20 7466 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 instrument

 

Identification code:

 Options over Ordinary shares of 10 pence each

 

 

ISIN: GB0000600931

 

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 instrument

 

Identification code:

Options over Ordinary shares of 10 pence each

 

 

ISIN: GB0000600931

 

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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