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RNS Number : 4793L Braemar PLC 05 June 2025
5 June 2025
BRAEMAR PLC
("Braemar", the "Company" and together with its subsidiaries the "Group")
Transaction in Own Shares
Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering
and risk management advice to the shipping and energy markets, announces that
it has made the following purchases of ordinary shares of 10 pence each in the
capital of the Company ("Ordinary Shares") from Canaccord Genuity Limited on
the London Stock Exchange ("LSE") pursuant to the Share Buyback Programme
announced on 29 May 2025.
Date of purchase 4 June 2025
Number of Ordinary Shares purchased (aggregated volume): 12,000
Highest Price paid per Ordinary Share (pence): 230
Lowest Price paid per Ordinary Share (pence): 230
Volume Weighted Average Price paid per Ordinary Share (pence): 230
Venue where Ordinary Shares are traded London Stock Exchange (XLON)
The Company intends to cancel the shares. Following the purchase of the
Ordinary Shares, the number of Ordinary Shares in issue and admitted to
trading on the LSE will be 32,880,877 (the Company holds no shares in
treasury).
This figure of 32,880,877 Ordinary Shares 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 Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
The Company will make further announcements in due course following the
completion of any further purchases pursuant to the Share Buyback Programme.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the schedule below contains detailed information about the
purchases made by Canaccord Genuity Limited on behalf of Braemar.
Individual transactions:
Number of shares purchased Transaction price (pence per share) Time of transaction Trading venue
12,000 230 09:42:54 London Stock Exchange (XLON)
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) .
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