REG - Braemar Shipping - Director/PDMR Shareholding
05/09/2022 15:00
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RNS Number : 3118Y Braemar Shipping Services PLC 05 September 2022
5 September 2022
BRAEMAR SHIPPING SERVICES PLC
("Braemar", the "Company" or the "Group")
Director/PDMR Shareholding
Braemar, a leading international Shipbroker and provider of expert advice in
shipping investment, chartering and risk management, has been notified that,
on 2 September 2022, 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, including four persons discharging
managerial responsibilities ("PDMRs") of the Company, as follows:
Name Title Ordinary shares released
James Gundy Group Chief Executive Officer 194,000
Tris Simmonds Group Chief Operating Officer 59,109
Alistair Borthwick Group Finance Director, Shipbroking Division 27,956
Sebastian Davenport-Thomas Global Head of Sale & Purchase, Shipbroking Division 93,854
The release of the Ordinary Shares occurred on 2 September 2022 following the
vesting of nil cost awards under the Company's Deferred Bonus Plan ("DBP") on
30 August 2022 in relation to the year ended 28 February 2019 and, for Tris
Simmonds, Alistair Borthwick and Sebastian Davenport-Thomas, included the
exercise of the following linked awards under the Company Share Option Plan
("CSOP"):
Name Title Options exercised under CSOP
Tris Simmonds Group Chief Operating Officer 15,000
Alistair Borthwick Group Finance Director, Shipbroking Division 340
Sebastian Davenport-Thomas Global Head of Sale & Purchase, Shipbroking Division 3,960
The CSOP awards carried an exercise price of £2.00 per share.
Following the above DBP vesting and CSOP exercises, James Gundy sold 94,905
Ordinary Shares, Tris Simmonds sold 30,742 Ordinary Shares, Alistair Borthwick
sold 13,731 Ordinary Shares and Sebastian Davenport-Thomas sold 46,411
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 to cover the cost of exercising the CSOP
awards, and at a price of £3.29.
Following the above transactions, the total holding of Ordinary Shares of each
of James Gundy, Tris Simmonds, Alistair Borthwick and Sebastian
Davenport-Thomas (including those of persons closely associated with them)
will be as follows:
Name Title Total Ordinary Shares % of Company's issued share capital
James Gundy Group Chief Executive Officer 756,531 2.33%
Tris Simmonds Group Chief Operating Officer 348,447 1.07%
Alistair Borthwick Group Finance Director, Shipbroking Division 27,266 0.08%
Sebastian Davenport-Thomas Global Head of Sale & Purchase, Shipbroking Division 184,828 0.57%
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 and the CSOP is contained in the Company's 2022
Annual Report.
For further information, contact:
Braemar Shipping Services Plc
James Gundy, Group Chief Executive Officer Tel +44 (0) 20 3142 4100
Nick Stone, Group Chief Financial Officer
Investec Bank Plc
Gary Clarence / Harry Hargreaves / Alice King Tel +44 (0) 20 7597 5970
Cenkos Securities plc
Ben Jeynes / Max Gould (Corporate Finance) Tel +44 (0) 20 7397 8900
Alex Pollen / Leif Powis (Sales)
Buchanan
Charles Ryland/ Stephanie Whitmore / Jack Devoy Tel +44 (0) 20 7466 5000
Notes to Editors:
About Braemar
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.
Braemar's experienced brokers work in tandem with specialist professionals to
form teams tailored to its customers' needs, and provides 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, please
visit www.braemar.com (http://www.braemar.com/) and follow Braemar
on LinkedIn (https://www.linkedin.com/company/braemar-ltd/) .
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name James Gundy
2 Reason for the notification
a) Position/status Group Chief Executive Officer
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Braemar Shipping Services Plc
b) LEI 213800EV6IKTTHJ83C19
4 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
a) Description of the financial instrument, type of instrument Ordinary shares of 10p each
Identification code
GB0000600931
b) Nature of the transaction Settlement of award under Deferred Bonus Plan involving acquisition of
ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 194,000
d) Aggregated information
- Aggregated volume 194,000 ordinary shares of 10p each
- Price Nil
e) Date of the transaction 31 August 2022
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
- Aggregated volume
- Price
194,000 ordinary shares of 10p each
Nil
e)
Date of the transaction
31 August 2022
f)
Place of the transaction
Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tris Simmonds
2 Reason for the notification
a) Position/status Group Chief Operating Officer
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Braemar Shipping Services Plc
b) LEI 213800EV6IKTTHJ83C19
4 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
a) Description of the financial instrument, type of instrument Ordinary shares of 10p each
Identification code
GB0000600931
b) Nature of the transaction Settlement of linked awards under Deferred Bonus Plan and Company Share Option
Plan ("CSOP") involving acquisition of ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 59,109
d) Aggregated information
- Aggregated volume 59,109 ordinary shares of 10p each
- Price Nil
e) Date of the transaction 31 August 2022
f) Place of the transaction Outside of a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
Name Tris Simmonds
Reason for the notification
Position/status Group Chief Operating Officer
Initial notification /Amendment Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Braemar Shipping Services 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 Exercise of Company Share Option Plan ("CSOP") awards with an exercise price
of 200p per share.
Price(s) and volume(s)
Price(s) Volume(s)
200p 15,000
Aggregated information
- Aggregated volume 15,000 ordinary shares of 10p each
- Price £30,000
Date of the transaction 31 August 2022
Place of the transaction Outside of a trading venue
d)
Aggregated information
- Aggregated volume
- Price
59,109 ordinary shares of 10p each
Nil
e)
Date of the transaction
31 August 2022
f)
Place of the transaction
Outside of a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
Name
Tris Simmonds
Reason for the notification
Position/status
Group Chief Operating Officer
Initial notification /Amendment
Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name
Braemar Shipping Services 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
Identification code
Ordinary shares of 10p each
GB0000600931
Nature of the transaction
Exercise of Company Share Option Plan ("CSOP") awards with an exercise price
of 200p per share.
Price(s) and volume(s)
Price(s) Volume(s)
200p 15,000
Aggregated information
- Aggregated volume
- Price
15,000 ordinary shares of 10p each
£30,000
Date of the transaction
31 August 2022
Place of the transaction
Outside of a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
Name Alistair Borthwick
Reason for the notification
Position/status Group Finance Director
Initial notification /Amendment Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Braemar Shipping Services 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 Settlement of linked awards under Deferred Bonus Plan and Company Share Option
Plan ("CSOP") involving acquisition of ordinary shares
Price(s) and volume(s)
Price(s) Volume(s)
Nil 27,956
Aggregated information
- Aggregated volume 27,956 ordinary shares of 10p each
- Price Nil
Date of the transaction 31 August 2022
Place of the transaction Outside of a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
Name Alistair Borthwick
Reason for the notification
Position/status Group Finance Director
Initial notification /Amendment Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Braemar Shipping Services 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 Exercise of Company Share Option Plan ("CSOP") awards with an exercise price
of 200p per share.
Price(s) and volume(s)
Price(s) Volume(s)
200p 340
Aggregated information
- Aggregated volume 340 ordinary shares of 10p each
- Price £680
Date of the transaction 31 August 2022
Place of the transaction Outside of a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
Name Sebastian Davenport-Thomas
Reason for the notification
Position/status Global Head of Sale & Purchase, Shipbroking Division
Initial notification /Amendment Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Braemar Shipping Services 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 Settlement of linked awards under Deferred Bonus Plan and Company Share Option
Plan ("CSOP") involving acquisition of ordinary shares
Price(s) and volume(s)
Price(s) Volume(s)
Nil 93,854
Aggregated information
- Aggregated volume 93,854 ordinary shares of 10p each
- Price Nil
Date of the transaction 31 August 2022
Place of the transaction Outside of a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
Name Sebastian Davenport-Thomas
Reason for the notification
Position/status Global Head of Sale & Purchase, Shipbroking Division
Initial notification /Amendment Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Braemar Shipping Services 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 Exercise of Company Share Option Plan ("CSOP") awards with an exercise price
of 200p per share.
Price(s) and volume(s)
Price(s) Volume(s)
200p 3,960
Aggregated information
- Aggregated volume 3,960 ordinary shares of 10p each
- Price £7,920
Date of the transaction 31 August 2022
Place of the transaction Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name James Gundy
2 Reason for the notification
a) Position/status Group Chief Executive Officer
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Braemar Shipping Services Plc
b) LEI 213800EV6IKTTHJ83C19
4 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
a) Description of the financial instrument, type of instrument Ordinary shares of 10p each
Identification code
GB0000600931
b) Nature of the transaction Sale of shares to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£3.29 94,905
d) Aggregated information
- Aggregated volume 94,905 ordinary shares of 10p each
- Price £312,549
e) Date of the transaction 31 August 2022
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
94,905 ordinary shares of 10p each
£312,549
e)
Date of the transaction
31 August 2022
f)
Place of the transaction
London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tris Simmonds
2 Reason for the notification
a) Position/status Group Chief Operating Officer
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Braemar Shipping Services Plc
b) LEI 213800EV6IKTTHJ83C19
4 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
a) Description of the financial instrument, type of instrument Ordinary shares of 10p each
Identification code
GB0000600931
b) Nature of the transaction Sale of shares to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
c) Price(s) and volume(s)
Price(s) Volume(s)
£3.29 30,742
d) Aggregated information
-Aggregated volume 30,742 ordinary shares of 10p each
-Price £101,242.41
e) Date of the transaction 31 August 2022
f) Place of the transaction London Stock Exchange
Details of the person discharging managerial responsibilities / person closely
associated
Name Alistair Borthwick
Reason for the notification
Position/status Group Finance Director
Initial notification /Amendment Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Braemar Shipping Services 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 to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
Price(s) and volume(s)
Price(s) Volume(s)
£3.29 13,731
Aggregated information
-Aggregated volume 13,731 ordinary shares of 10p each
-Price £45,220.21
Date of the transaction 31 August 2022
Place of the transaction London Stock Exchange
Details of the person discharging managerial responsibilities / person closely
associated
Name Sebastian Davenport-Thomas
Reason for the notification
Position/status Global Head of Sale & Purchase, Shipbroking Division
Initial notification /Amendment Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Braemar Shipping Services 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 to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
Price(s) and volume(s)
Price(s) Volume(s)
£3.29 46,411
Aggregated information
-Aggregated volume 46,411 ordinary shares of 10p each
-Price £152,845.02
Date of the transaction 31 August 2022
Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
30,742 ordinary shares of 10p each
£101,242.41
e)
Date of the transaction
31 August 2022
f)
Place of the transaction
London Stock Exchange
Details of the person discharging managerial responsibilities / person closely
associated
Name
Alistair Borthwick
Reason for the notification
Position/status
Group Finance Director
Initial notification /Amendment
Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name
Braemar Shipping Services 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
Identification code
Ordinary shares of 10p each
GB0000600931
Nature of the transaction
Sale of shares to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
Price(s) and volume(s)
Price(s) Volume(s)
£3.29 13,731
Aggregated information
- Aggregated volume
- Price
13,731 ordinary shares of 10p each
£45,220.21
Date of the transaction
31 August 2022
Place of the transaction
London Stock Exchange
Details of the person discharging managerial responsibilities / person closely
associated
Name
Sebastian Davenport-Thomas
Reason for the notification
Position/status
Global Head of Sale & Purchase, Shipbroking Division
Initial notification /Amendment
Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name
Braemar Shipping Services 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
Identification code
Ordinary shares of 10p each
GB0000600931
Nature of the transaction
Sale of shares to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
Price(s) and volume(s)
Price(s) Volume(s)
£3.29 46,411
Aggregated information
- Aggregated volume
- Price
46,411 ordinary shares of 10p each
£152,845.02
Date of the transaction
31 August 2022
Place of the transaction
London Stock Exchange
Aggregated information
- Aggregated volume
- Price
27,956 ordinary shares of 10p each
Nil
Date of the transaction
31 August 2022
Place of the transaction
Outside of a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
Name
Alistair Borthwick
Reason for the notification
Position/status
Group Finance Director
Initial notification /Amendment
Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name
Braemar Shipping Services 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
Identification code
Ordinary shares of 10p each
GB0000600931
Nature of the transaction
Exercise of Company Share Option Plan ("CSOP") awards with an exercise price
of 200p per share.
Price(s) and volume(s)
Price(s) Volume(s)
200p 340
Aggregated information
- Aggregated volume
- Price
340 ordinary shares of 10p each
£680
Date of the transaction
31 August 2022
Place of the transaction
Outside of a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
Name
Sebastian Davenport-Thomas
Reason for the notification
Position/status
Global Head of Sale & Purchase, Shipbroking Division
Initial notification /Amendment
Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name
Braemar Shipping Services 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
Identification code
Ordinary shares of 10p each
GB0000600931
Nature of the transaction
Settlement of linked awards under Deferred Bonus Plan and Company Share Option
Plan ("CSOP") involving acquisition of ordinary shares
Price(s) and volume(s)
Price(s) Volume(s)
Nil 93,854
Aggregated information
- Aggregated volume
- Price
93,854 ordinary shares of 10p each
Nil
Date of the transaction
31 August 2022
Place of the transaction
Outside of a trading venue
Details of the person discharging managerial responsibilities / person closely
associated
Name
Sebastian Davenport-Thomas
Reason for the notification
Position/status
Global Head of Sale & Purchase, Shipbroking Division
Initial notification /Amendment
Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name
Braemar Shipping Services 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
Identification code
Ordinary shares of 10p each
GB0000600931
Nature of the transaction
Exercise of Company Share Option Plan ("CSOP") awards with an exercise price
of 200p per share.
Price(s) and volume(s)
Price(s) Volume(s)
200p 3,960
Aggregated information
- Aggregated volume
- Price
3,960 ordinary shares of 10p each
£7,920
Date of the transaction
31 August 2022
Place of the transaction
Outside of a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name James Gundy
2 Reason for the notification
a) Position/status Group Chief Executive Officer
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Braemar Shipping Services Plc
b) LEI 213800EV6IKTTHJ83C19
4 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
a) Description of the financial instrument, type of instrument Ordinary shares of 10p each
Identification code
GB0000600931
b) Nature of the transaction Sale of shares to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
£3.29 94,905
d) Aggregated information
- Aggregated volume 94,905 ordinary shares of 10p each
- Price £312,549
e) Date of the transaction 31 August 2022
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
94,905 ordinary shares of 10p each
£312,549
e)
Date of the transaction
31 August 2022
f)
Place of the transaction
London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Tris Simmonds
2 Reason for the notification
a) Position/status Group Chief Operating Officer
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Braemar Shipping Services Plc
b) LEI 213800EV6IKTTHJ83C19
4 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
a) Description of the financial instrument, type of instrument Ordinary shares of 10p each
Identification code
GB0000600931
b) Nature of the transaction Sale of shares to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
c) Price(s) and volume(s)
Price(s) Volume(s)
£3.29 30,742
d) Aggregated information
- Aggregated volume 30,742 ordinary shares of 10p each
- Price £101,242.41
e) Date of the transaction 31 August 2022
f) Place of the transaction London Stock Exchange
Details of the person discharging managerial responsibilities / person closely
associated
Name Alistair Borthwick
Reason for the notification
Position/status Group Finance Director
Initial notification /Amendment Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Braemar Shipping Services 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 to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
Price(s) and volume(s)
Price(s) Volume(s)
£3.29 13,731
Aggregated information
- Aggregated volume 13,731 ordinary shares of 10p each
- Price £45,220.21
Date of the transaction 31 August 2022
Place of the transaction London Stock Exchange
Details of the person discharging managerial responsibilities / person closely
associated
Name Sebastian Davenport-Thomas
Reason for the notification
Position/status Global Head of Sale & Purchase, Shipbroking Division
Initial notification /Amendment Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Braemar Shipping Services 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 to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
Price(s) and volume(s)
Price(s) Volume(s)
£3.29 46,411
Aggregated information
- Aggregated volume 46,411 ordinary shares of 10p each
- Price £152,845.02
Date of the transaction 31 August 2022
Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
30,742 ordinary shares of 10p each
£101,242.41
e)
Date of the transaction
31 August 2022
f)
Place of the transaction
London Stock Exchange
Details of the person discharging managerial responsibilities / person closely
associated
Name
Alistair Borthwick
Reason for the notification
Position/status
Group Finance Director
Initial notification /Amendment
Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name
Braemar Shipping Services 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
Identification code
Ordinary shares of 10p each
GB0000600931
Nature of the transaction
Sale of shares to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
Price(s) and volume(s)
Price(s) Volume(s)
£3.29 13,731
Aggregated information
- Aggregated volume
- Price
13,731 ordinary shares of 10p each
£45,220.21
Date of the transaction
31 August 2022
Place of the transaction
London Stock Exchange
Details of the person discharging managerial responsibilities / person closely
associated
Name
Sebastian Davenport-Thomas
Reason for the notification
Position/status
Global Head of Sale & Purchase, Shipbroking Division
Initial notification /Amendment
Initial
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name
Braemar Shipping Services 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
Identification code
Ordinary shares of 10p each
GB0000600931
Nature of the transaction
Sale of shares to settle income tax liability and national insurance in
connection with vesting of shares under Deferred Bonus Plan and exercise of
options under Company Share Option Plan ("CSOP")
Price(s) and volume(s)
Price(s) Volume(s)
£3.29 46,411
Aggregated information
- Aggregated volume
- Price
46,411 ordinary shares of 10p each
£152,845.02
Date of the transaction
31 August 2022
Place of the transaction
London Stock Exchange
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