Director/PDMR Shareholding

Braemar

20/04/2026 16:32

RNS Number : 1867B

Braemar PLC

20 April 2026

 

 

20 April 2026

BRAEMAR PLC

("Braemar" the "Company")

 

PDMR Share Dealing

 

Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering and risk management advice to the shipping and energy markets, announces that on 17 April 2026, James Gundy, Group Chief Executive Officer, exercised 218,750 nil cost options ("Options") granted under the Company's Long Term Incentive Plan ("LTIP") as set out below:

 

LTIP award grant date
Vesting date
Two-year holding period end date
Number of Options exercised
24 July 2020
24 July 2023
24 July 2025
218,750

 

The 2020 LTIP award vested following the assessment of the applicable performance conditions which were disclosed in the 2023 remuneration report (page 83), this report is available on the Company's website at Financial Reports - Braemar.

 

The exercise of the Options under the LTIP, has been satisfied through the allocation of existing ordinary shares held by the Braemar Employee Share Ownership Plan; as such, no new ordinary shares have been issued. In order to cover tax and national insurance liabilities arising from the exercise of the Options, James Gundy sold 103,088 shares on 17 April 2026 and retained the balance of 115,662 shares.

Following the above transactions, James Gundy's total shareholding is now 1,139,695 (being 3.4% of the Company's issued share capital).

The notification set out below is 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
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 / Polly Clarke
Tel: +44 (0)77 3303 2695
braemar@houston.co.uk
Canaccord Genuity
Tel: +44 (0) 20 7523 8000
Adam James / Harry Rees


 

 

 

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 10 pence each
Identification code
GB0000600931
Nature of the transaction
Exercise of Options granted under the Company's LTIP in 2020
Price(s) and volume(s)
Price: £0.00
Volume:218,750
Aggregated information
- Price
- Aggregated volume
Price: £0.00
Volume:218,750
Date of the transaction
17 April 2026
Place of the transaction
Exercise of Options occurred outside a trading venue

 

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 10 pence each
Identification code
GB0000600931
Nature of the transaction
Sale of shares to cover tax and national insurance following exercise of Options granted under the Company's LTIP in 2020
Price(s) and volume(s)
Price:£2.202792
Volume:103,088
Aggregated information
- Price
- Aggregated volume
Price:£227,081.42
Volume:103,088
Date of the transaction
17 April 2026
Place of the transaction
London Stock Exchange (XLON)

 

 

Notes to Editors:

 

About Braemar Plc

Braemar provides expert investment, chartering, and risk management advice to the shipping and energy markets 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.

 

 

 

 

 

 

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