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Braemar PLC purchased 32,000 of its ordinary shares from Canaccord Genuity Limited on the London Stock Exchange on 15 July 2025. The shares were bought at a volume weighted average price of 213.0 pence per share as part of a Share Buyback Programme announced on 29 May 2025, and the Company intends to cancel them. Following this transaction, the number of ordinary shares in issue and admitted to trading on the LSE is 32,374,426.
| Date | 16 Jul 2025 |
| Time | 07:00:03 |
| Category | Capital structure |
| ID | 1839R |
16 July 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.
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Date of purchase |
15 July 2025 |
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Number of Ordinary Shares purchased (aggregated volume): |
32,000 |
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Highest Price paid per Ordinary Share (pence): |
213.0 |
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Lowest Price paid per Ordinary Share (pence): |
213.0 |
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Volume Weighted Average Price paid per Ordinary Share (pence): |
213.0 |
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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 32,374,426 (the Company holds no shares in treasury).
This figure of 32,374,426 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:
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Number of shares purchased |
Transaction price (pence per share) |
Time of transaction |
Trading venue |
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32,000 |
213.00 |
16:31:23 |
London Stock Exchange (XLON) |
Enquiries:
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Braemar Plc |
Tel: +44 (0)20 3142 4100 |
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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.