RNS Number : 4789P
Braemar PLC
02 July 2025
2 July 2025
BRAEMAR PLC
("Braemar" or the "Company")
Director/PDMR Shareholding
Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering and risk management advice to the shipping and energy markets announces the following Director/PDMR share dealing transactions:
On 30 June 2025, 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"), including to two persons discharging managerial responsibilities ("PDMRs") of the Company, as follows:
Director/PDMR
Number of ordinary shares released
James Gundy- Group ChiefExecutiveOfficer
66,484
Alistair Borthwick - Group Finance Director
40,955
Following the above DBP vesting, James Gundy sold 31,358 Ordinary Shares and Alistair Borthwick sold 19,318 Ordinary Shares, in each case being the amount equivalent to cover their liability to income tax and employee national insurance arising in relation to the settlement of their awards and at a price of £2.17192.
Following the above transactions, the total holding of Ordinary Shares of James Gundy and Alistair Borthwick (including those of persons closely associated with them) will be as follows:
PDMR
Total number of Ordinary Shares
James Gundy- Group ChiefExecutiveOfficer
1,024,033
Alistair Borthwick - Group Finance Director
93,006
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.
Further information on the DBP is contained in the Company's 2025 Annual Report, published on 29 May 2025.
Enquiries:
Braemar Plc
Tel: +44 (0)20 3142 4100
James Gundy, Group Chief Executive Officer
Grant Foley, Group Chief Financial & Operating Officer
Rebecca-Joy Wekwete, Company Secretary
Houston
Tel: +44 (0)20 4529 0549
Kate Hoare / Charlie Barker / Ben Robinson
Canaccord Genuity
Tel: +44 (0) 20 7523 8000
Adam James / Harry Rees
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, visit www.braemar.com and follow Braemar on LinkedIn.
Details of the person discharging managerial responsibilities / person closely associated
Name
James Gundy
Reason for the notification Position/status
Group Chief Executive Officer
Initial notification /Amendment
Initial
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 instrument, type of instrument
Ordinary shares of 10p each
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:£2.17192 Volume:31,358
Aggregated information - Aggregated volume - Price
31,358 £68,107.07
Date of the transaction
30 June 2025
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 Position/status
Group Finance Director
Initial notification /Amendment
Initial
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 instrument, type of instrument
Ordinary shares of 10p each
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:£2.17192 Volume:19,318
Aggregated information - Aggregated volume - Price
19,318 £41,957.15
Date of the transaction
30 June 2025
Place of the transaction
London Stock Exchange (XLON)
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