8th Jul 2015 10:02
Braemar Shipping services PLC
("Braemar" or "the Company")
Director's Interests
Braemar announces that on 2 June 2015, James Kidwell, Chief Executive of the Company, acquired 3,321 ordinary shares of 10 pence each in the Company ("Ordinary Shares") at a price of 271 pence per Ordinary Share following the maturing of a Save As You Earn Scheme.
In addition, on 2 July 2015, the trustee of the Employee Share Option Plan ("ESOP") transferred 31,541 ordinary shares of 10 pence each ("Shares") under the 2012 Deferred Bonus Plan to James Kidwell. James Kidwell elected to have 14,193 Shares withheld by the ESOP in order to satisfy tax liabilities arising on vesting of this award and gifted the remaining 17,348 Shares to his adult children for nil consideration.
Accordingly, Mr Kidwell now has a beneficial interest in 114,625 Ordinary Shares representing 0.4% of the Company's issued ordinary share capital.
For further information, contact:
Braemar Shipping Services | |
James Kidwell, Chief Executive | Tel +44 (0) 20 3142 4100 |
Louise Evans, Finance Director | Tel +44 (0) 20 3142 4100 |
Westhouse Securities | |
Robert Finlay / Henry Willcocks | Tel +44 (0) 20 7601 6100 |
Buchanan | |
Charles Ryland Gabriella Clinkard | Tel +44 (0) 20 7466 5107 Tel +44 (0) 20 7466 5117 |
Notes to Editors:
About Braemar Shipping Services plc
Braemar Shipping Services plc is a leading international provider of knowledge and skill-based services to the shipping, marine, energy, offshore and insurance industries. Founded in 1972, Braemar employs approximately 1,000 people in more than 70 locations worldwide across its Shipbroking, Technical and Logistics divisions. In July 2014 Braemar merged with ACM Shipping Group PLC.
Braemar joined the Official List of the London Stock Exchange in November 1997 and trades under the symbol BMS.
For more information, visit www.braemar.com.
Related Shares:
Braemar Shipping