TIDMBMS

RNS Number : 5146X

Braemar PLC

20 December 2023

20 December 2023

BRAEMAR PLC

("Braemar" or the "Company")

Director/PDMR Shareholding

Braemar Plc (LSE: BMS), a leading international shipbroker and provider of expert investment, chartering, and risk management advice to the shipping and energy markets announces the following Director/PDMR share dealing transactions:

On 18 December 2023, the trustee of the Braemar Employee Share Ownership Plan approved the release of ordinary shares of 10p each in the Company ("Ordinary Shares") to certain employees of Braemar following the vesting of share awards granted under the Company's Deferred Bonus Plan ("DBP") and the exercise of linked options granted under the Company Share Option Plan ("CSOP") , including three persons discharging managerial responsibilities ("PDMRs") of the Company, as follows:

 
 Director/PDMR                         Number of ordinary shares 
                                        released 
 James Gundy - Group Ch ief Ex 
  ecutive Of ficer                     397,073 
                                      -------------------------- 
 Tris Simmonds - Group Ch ief Op 
  erating Of ficer                     34,511 
                                      -------------------------- 
 Alistair Borthwick - Group Finance 
  Director                             44,043 
                                      -------------------------- 
 

The CSOP awards carried an exercise price of GBP1.22 per share. Following the DBP vesting and CSOP exercises, James Gundy sold 397,073 Ordinary Shares, Tris Simmonds sold 34,511 Ordinary Shares, Alistair Borthwick sold 20,486 Ordinary Shares at a price of GBP2.764811. On 18 December 2023, Tris Simmonds also sold 28,367 shares at a price of GBP2.764811.

Following the above transactions, the total holding of Ordinary Shares of each of James Gundy, Tris Simmonds and Alistair Borthwick (including those of persons closely associated with them) will be as follows:

 
 PDMR                                  Total number of Ordinary 
                                        Shares 
 James Gundy - Group Ch ief Ex 
  ecutive Of ficer                     772,165 
                                      ------------------------- 
 Tris Simmonds - Group Ch ief Op 
  erating Of ficer                     320,080 
                                      ------------------------- 
 Alistair Borthwick - Group Finance 
  Director                             56,448 
                                      ------------------------- 
 

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

For further information, contact:

 
Braemar Plc 
James Gundy, Group Chief Executive Officer      Tel +44 (0) 20 3142 4100 
Grant Foley, Group Chief Financial Officer 
Rebecca-Joy Wekwete, Company Secretary 
 
Buchanan 
Charles Ryland / Stephanie Whitmore /           Tel +44 (0) 20 7466 5000 
 Jamie Hooper 
Investec Bank plc 
Gary Clarence / Harry Hargreaves / Alice        Tel +44 (0) 20 7597 5970 
 King 
 
Cavendish Securities PLC 
 Ben Jeynes / Matt Lewis (Corporate Finance)      Tel +44 (0) 20 7220 0500 
 Leif Powis /Dale Bellis/ Charlie Combe 
 (Sales & ECM) 
 
 
  Details of the person discharging managerial responsibilities 
    / person closely associated 
   Name                            James Gundy 
                                  -------------------------------- 
   Reason for the notification     Group Chief Executive Officer 
    Position/status 
                                  -------------------------------- 
   Initial notification            Initial 
    /Amendment 
                                  -------------------------------- 
   Details of the issuer, emission allowance market participant, 
    auction platform, auctioneer or auction monitor 
   Name                            Braemar Plc 
                                  -------------------------------- 
   LEI                             213800EV6IKTTHJ83C19 
                                  -------------------------------- 
   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 
   Description of the financial    Ordinary shares of 10p each 
    instrument, type of 
    instrument 
                                  -------------------------------- 
   Identification code             GB0000600931 
                                  -------------------------------- 
   Nature of the transaction       Sale of shares acquired from 
                                    the vesting of share awards 
                                    granted under the Braemar Plc 
                                    Deferred Bonus Plan 
                                  -------------------------------- 
   Price(s) and volume(s)          Price: GBP2.764811 
                                    Volume: 397,073 
                                  -------------------------------- 
   Aggregated information 
    - Aggregated volume             397,073 
    - Price                         GBP1,095,485.14 
                                  -------------------------------- 
   Date of the transaction         18 December 2023 
                                  -------------------------------- 
   Place of the transaction        London Stock Exchange (XLON) 
                                  -------------------------------- 
   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 
   Description of the financial    Ordinary shares of 10p each 
    instrument, type of 
    instrument 
                                  -------------------------------- 
   Identification code             GB0000600931 
                                  -------------------------------- 
   Nature of the transaction       Exercise of options granted 
                                    under the Company Share Option 
                                    Plan with an exercise price 
                                    of 122p per share. 
                                  -------------------------------- 
   Price(s) and volume(s)          Price: 122p 
                                    Volume: 24,650 
                                  -------------------------------- 
   Aggregated information 
    - Aggregated volume             24,650 
    - Price                         GBP30,073.00 
                                  -------------------------------- 
   Date of the transaction         18 December 2023 
                                  -------------------------------- 
   Place of the transaction        London Stock Exchange (XLON) 
                                  -------------------------------- 
   Details of the person discharging managerial responsibilities 
    / person closely associated 
   Name                            Tris Simmonds 
                                  -------------------------------- 
   Reason for the notification     Group Chief Operations Officer 
    Position/status 
                                  -------------------------------- 
   Initial notification            Initial 
    /Amendment 
                                  -------------------------------- 
   Details of the issuer, emission allowance market participant, 
    auction platform, auctioneer or auction monitor 
   Name                            Braemar Plc 
                                  -------------------------------- 
   LEI                             213800EV6IKTTHJ83C19 
                                  -------------------------------- 
   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 
   Description of the financial    Ordinary shares of 10p each 
    instrument, type of 
    instrument 
                                  -------------------------------- 
   Identification code             GB0000600931 
                                  -------------------------------- 
   Nature of the transaction       Sale of shares acquired from 
                                    the vesting of share awards 
                                    granted under the Braemar Plc 
                                    Deferred Bonus Plan 
                                  -------------------------------- 
   Price(s) and volume(s)          Price: GBP2.764811 
                                    Volume: 34,511 
                                  -------------------------------- 
   Aggregated information 
    - Aggregated volume             34,511 
    - Price                         GBP95,081.43 
                                  -------------------------------- 
   Date of the transaction         18 December 2023 
                                  -------------------------------- 
   Place of the transaction        London Stock Exchange (XLON) 
                                  -------------------------------- 
   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 
   Description of the financial    Ordinary shares of 10p each 
    instrument, type of 
    instrument 
                                  -------------------------------- 
   Identification code             GB0000600931 
                                  -------------------------------- 
   Nature of the transaction       Sale of shares 
                                  -------------------------------- 
   Price(s) and volume(s)          Price: GBP2.764811 
                                    Volume: 28,367 
                                  -------------------------------- 
   Aggregated information 
    - Aggregated volume             28,367 
    - Price                         GBP78,429.39 
                                  -------------------------------- 
   Date of the transaction         18 December 2023 
                                  -------------------------------- 
   Place of the transaction        London Stock Exchange (XLON) 
                                  -------------------------------- 
 
   Details of the person discharging managerial responsibilities 
    / person closely associated 
   Name                            Alistair Borthwick 
                                  -------------------------------- 
   Reason for the notification     Group Finance Director 
    Position/status 
                                  -------------------------------- 
   Initial notification            Initial 
    /Amendment 
                                  -------------------------------- 
   Details of the issuer, emission allowance market participant, 
    auction platform, auctioneer or auction monitor 
   Name                            Braemar Plc 
                                  -------------------------------- 
   LEI                             213800EV6IKTTHJ83C19 
                                  -------------------------------- 
   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 
   Description of the financial    Ordinary shares of 10p each 
    instrument, type of 
    instrument 
                                  -------------------------------- 
   Identification code             GB0000600931 
                                  -------------------------------- 
   Nature of the transaction       Sale of shares acquired from 
                                    the vesting of share awards 
                                    granted under the Braemar Plc 
                                    Deferred Bonus Plan 
                                  -------------------------------- 
   Price(s) and volume(s)          Price: GBP2.764811 
                                    Volume: 20,486 
                                  -------------------------------- 
   Aggregated information 
    - Aggregated volume             20,486 
    - Price                         GBP56,440.68 
                                  -------------------------------- 
   Date of the transaction         18 December 2023 
                                  -------------------------------- 
   Place of the transaction        London Stock Exchange (XLON) 
                                  -------------------------------- 
   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 
   Description of the financial    Ordinary shares of 10p each 
    instrument, type of 
    instrument 
                                  -------------------------------- 
   Identification code             GB0000600931 
                                  -------------------------------- 
   Nature of the transaction       Exercise of options granted 
                                    under the Company Share Option 
                                    Plan with an exercise price 
                                    of 122p per share. 
                                  -------------------------------- 
   Price(s) and volume(s)          Price: 122p 
                                    Volume: 6,705 
                                  -------------------------------- 
   Aggregated information 
    - Aggregated volume             6,705 
    - Price                         GBP8,180.10 
                                  -------------------------------- 
   Date of the transaction         18 December 2023 
                                  -------------------------------- 
   Place of the transaction        London Stock Exchange (XLON) 
                                  -------------------------------- 
------------------------------------------------------------------ 
 

Notes to Editors:

About Braemar Plc

Braemar provides expert investment, chartering, and risk management advice that enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping and energy. 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, visit www.Braemar.com and follow Braemar on LinkedIn .

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHKZMZZKGMGFZM

(END) Dow Jones Newswires

December 20, 2023 10:53 ET (15:53 GMT)

Braemar (AQSE:BMS.GB)
過去 株価チャート
から 11 2024 まで 12 2024 Braemarのチャートをもっと見るにはこちらをクリック
Braemar (AQSE:BMS.GB)
過去 株価チャート
から 12 2023 まで 12 2024 Braemarのチャートをもっと見るにはこちらをクリック