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REG - Braemar PLC - Transaction in Own Shares

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RNS Number : 6919L  Braemar PLC  06 June 2025

     6 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                                                5 June 2025
 Number of Ordinary Shares purchased (aggregated volume):        12,000
 Highest Price paid per Ordinary Share (pence):                  231
 Lowest Price paid per Ordinary Share (pence):                   231
 Volume Weighted Average Price paid per Ordinary Share (pence):  231
 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 32,868,877 (the Company holds no shares in
treasury).

This figure of 32,868,877 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
 4,000                       231                                  14:48:37             London Stock Exchange (XLON)
 8,000                       231                                  14:50:36             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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