REG - Braemar PLC - Directorate Change

BraemarAnnouncement

07/03/2025 07:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250307:nRSG7230Za&default-theme=true

RNS Number : 7230Z  Braemar PLC  07 March 2025

 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE
INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO.
596/2014) WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL)
ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION
IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

7 March 2025

 

BRAEMAR PLC

("Braemar", "the Company" and together with its subsidiaries the "Group")

Directorate Change

Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering
and risk management advice to the shipping and energy markets, announces that
Tristram ("Tris") Simmonds is standing down from his role as Group Chief
Operating Officer ("COO") with immediate effect to explore other
opportunities.

The board is pleased to announce that Grant Foley's role as Group Chief
Financial Officer, will now encompass a wider remit, with Grant taking on
responsibility for leading all support functions as well as Braemar's
Securities business (subject to regulatory approval).

Having joined Braemar in August 2023, Grant has made a significant impact on
the business and draws on a wealth of commercial and transactional expertise,
having previously held senior finance and operational roles in leading public
and private financial services and technology businesses, including ClearScore
and CMC Markets plc.

James Gundy, Group Chief Executive Officer, said:

"On behalf of the board, I would like to thank Tris for his contribution
during his tenure with the Group and as a member of the executive team as COO
since 2021. Tris leaves Braemar with our best wishes for his future
endeavours".

This disclosure is made pursuant to paragraph 9.6.11(R) of the Listing Rules.

Enquiries:

 Braemar Plc                                 Tel: +44 (0)20 3142 4100
 James Gundy, Group Chief Executive Officer
 Grant Foley, Group Chief Financial Officer
 Rebecca-Joy Wekwete, Company Secretary

 Houston                                     Tel: +44 (0)20 4529 0549
 Kate Hoare / 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) .

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAEAXDKELLSEFA