REG - Braemar PLC - Director/PDMR Shareholding

BraemarAnnouncement

Wed 16:15

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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 Chief Executive Officer  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 Chief Executive Officer  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 (http://www.braemar.com/)  and follow Braemar
on LinkedIn (https://www.linkedin.com/company/braemar-ltd) .

 

 

 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 /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                                         31,358

 -Price                                                      £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                                  Group Finance Director

 Position/status
 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                                         19,318

 -Price                                                      £41,957.15
 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                                  Group Finance Director

 Position/status
 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                                         19,318

 - Price                                                      £41,957.15
 Date of the transaction                                      30 June 2025
 Place of the transaction                                     London Stock Exchange (XLON)

 

 

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