REG - Braemar PLC - Issue of Shares

BraemarAnnouncement

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RNS Number : 4656L  Braemar PLC  15 December 2025

 

    15 December 2025

 

BRAEMAR PLC

(the "Company")

Issue of Shares

Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering
and risk management advice to the shipping and energy markets, today announces
that an application has been made to the Financial Conduct Authority ("FCA")
and to the London Stock Exchange plc ("LSE") for the admission of 409,705 new
ordinary shares of 10p each in the capital of the Company ("Ordinary Shares")
to be admitted to listing on the equity shares category of the Official List
of the FCA and to trading on the LSE's Main Market for listed securities
("Admission").

 

It is expected that Admission will become effective and trading will commence
at 8.00 a.m. on 19 December 2025.

 

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares
of the Company.

 

The new Ordinary Shares have been allotted as part of the contractual
consideration for the acquisition of US shipbroker, Southport Maritime Inc.,
as announced by the Company on 19 December 2022 (RNS number: 0788K). A further
allotment of 606,416 shares will be made in January 2026, as part of the same
contractual consideration, and an announcement regarding the allotment of
these shares will be made at the appropriate time.

 

Following Admission and allotment of the 409,705 shares, the Company's issued
share capital will comprise 32,461,187 Ordinary Shares, which figure may be
used by shareholders in the Company as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company under the
FCA's Disclosure Guidance and Transparency Rules.

 

The Company does not hold any shares in treasury.

 

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)77 33 032 695 /

                                                             +44 (0)20 4529 0549
 Kate Hoare / Charlie Barker

 Canaccord Genuity                                           Tel: +44 (0) 20 7523 8000
 Adam James / Harry Rees

 

Notes to Editors:

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

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