REG - Braemar PLC - Board change

BraemarAnnouncement

04/01/2023 07:00

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RNS Number : 5636L  Braemar PLC  04 January 2023

 

RNS
 
4th January 2023

 

BRAEMAR PLC

("Braemar" or the "Group")

 

Board change

 

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 in accordance with LR 9.6.11R that Steve Kunzer,
non-executive director, will stand down from the board with effect from 31(st)
January 2023, in order to take up the position of Chief Executive Officer of
Lila Global, the shipowning subsidiary of Global Marketing Systems Inc. A
replacement non-executive director will be appointed in due course.

 

Nigel Payne, Chairman of Braemar, said:

 

"Steve has been a great asset to Braemar over the past four years and
latterly, during my tenure as Chairman, Steve has played a supportive role in
developing the Group's new growth strategy. On behalf of everyone at Braemar,
we wish Steve well in his new role and thank him for his contributions to the
board."

 

 

For further information, contact:

 Braemar Plc
 James Gundy, Group Chief Executive Officer        Tel +44 (0) 20 3142 4100
 Tris Simmonds, Chief Operating Officer
 Nick Stone, Chief Financial Officer
 Nick Arthur, Head of Corporate Affairs
 Investec Bank plc
 Gary Clarence / Harry Hargreaves / Alice King     Tel +44 (0) 20 7597 5970
 Cenkos Securities plc

 Ben Jeynes / Max Gould (Corporate Finance)        Tel +44 (0) 20 7397 8900

 Alex Pollen / Leif Powis (Sales)
 Buchanan
 Charles Ryland / Jamie Hooper / Jack Devoy        Tel +44 (0) 20 7466 5000

 

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, visit www.Braemar.com (http://www.Braemar.com) and
follow Braemar on LinkedIn (https://www.linkedin.com/company/braemar-ltd) .

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