t
Braemar PLC granted its Group Chief Executive Officer, Grant Foley, 450,450 nil-cost options under its Restricted Share Plan on 13 August 2026, with these awards vesting on 13 August 2029. On the same date, the Company also granted Mr. Foley 18,018 awards under its Deferred Bonus Plan related to his annual bonus for the financial year ended 28 February 2026.
| Date | 14 Aug 2026 |
| Time | 14:19:29 |
| Category | Director/PDMR dealings |
| ID | 8127Q |
14 August 2026
BRAEMAR PLC
("Braemar" or the "Company")
Grant of Share Incentives to PDMR
Braemar Plc (LSE: BMS), a leading provider of expert chartering, investment and risk management advice to the shipping and energy markets, announces that the following grants of nil-cost options were made under the Braemar Restricted Share Plan (the "RSP") over the Company's ordinary shares of 10p to the Company's Group Chief Executive Officer, Grant Foley, on 13 August 2026:
|
PDMR |
Number of ordinary shares over which options were granted |
|
Grant Foley - Group Chief Executive Officer |
450,450 |
There is no consideration for the grant of the awards and the exercise price is nil. The awards will vest on 13 August 2029, subject to the rules of the RSP and the performance underpin as determined by the Remuneration Committee. Any shares acquired under the RSP are subject to a further two-year holding period.
In addition, the Company also granted the following awards over ordinary shares of 10p each under the Company's Deferred Bonus Plan (the "DBP") on 13 August 2026 to Grant Foley in relation to his annual bonus in respect of the financial year ended 28 February 2026:
|
PDMR |
Number of ordinary shares of 10p each over which awards were granted |
|
Grant Foley - Group Chief Executive Officer |
18,018 |
Further information on the RSP and DBP is contained in the Company's 2026 Annual Report, published on 21 May 2026.
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.
Enquiries:
For further information, contact:
|
Braemar Plc |
Tel: +44 (0)20 3142 4100 |
|
Grant Foley, Group Chief Executive Officer |
|
|
Richard Heading, Group Chief Financial Officer |
|
|
Rebecca-Joy Wekwete, Company Secretary |
|
|
|
|
|
Houston |
Tel: +44 (0)20 4529 0549 |
|
Kate Hoare / Charlie Barker / Polly Clarke |
Tel: +44 (0)77 3303 2695 |
|
|
|
|
|
|
|
Canaccord Genuity |
Tel: +44 (0) 20 7523 8000 |
|
Adam James / Harry Rees |
|
Notes to Editors:
About Braemar Plc
Braemar provides expert chartering, investment and risk management advice that enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping and energy. 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.
|
||||||||||||||||||||||||||||||||||||||||||||||