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02 July 2025 16:16:03
- Source: Sharecast
2 July 2025
BRAEMAR PLC
("Braemar" or the "Company")
Director/PDMR Shareholding
Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering and risk management advice to the shipping and energy markets announces the following Director/PDMR share dealing transactions:
On 30 June 2025, 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 following the vesting of share awards granted under the Company's Deferred Bonus Plan ("DBP"), including to two persons discharging managerial responsibilities ("PDMRs") of the Company, as follows:
|
Director/PDMR |
Number of ordinary shares released |
|
James Gundy - Group Chief Executive Officer |
66,484 |
|
Alistair Borthwick - Group Finance Director |
40,955 |
Following the above DBP vesting, James Gundy sold 31,358 Ordinary Shares and Alistair Borthwick sold 19,318 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 at a price of £2.17192.
Following the above transactions, the total holding of Ordinary Shares of James Gundy and Alistair Borthwick (including those of persons closely associated with them) will be as follows:
|
PDMR |
Total number of Ordinary Shares |
|
James Gundy - Group Chief Executive Officer |
1,024,033 |
|
Alistair Borthwick - Group Finance Director |
93,006 |
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 is contained in the Company's 2025 Annual Report, published on 29 May 2025.
Enquiries:
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Braemar Plc |
Tel: +44 (0)20 3142 4100 |
|
James Gundy, Group Chief Executive Officer |
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Grant Foley, Group Chief Financial & Operating Officer |
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Rebecca-Joy Wekwete, Company Secretary |
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Houston |
Tel: +44 (0)20 4529 0549 |
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Kate Hoare / Charlie Barker / Ben Robinson |
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Canaccord Genuity |
Tel: +44 (0) 20 7523 8000 |
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Adam James / Harry Rees |
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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 and follow Braemar on LinkedIn.
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