THIS ANNOUNCMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
26 September 2017
BRAEMAR SHIPPING SERVICES PLC
Completion of the acquisition of
NAVES Corporate Finance GmbH
On 7 September 2017, Braemar Shipping Services plc ("Braemar") announced the conditional acquisition of the entire issued share capital of NAVES Corporate Finance GmbH (the "Acquisition"). Following Shareholder approval of the Acquisition as announced earlier today, Braemar is pleased to confirm that it has completed the Acquisition.
Unless otherwise defined, capitalised terms shall have the meaning as those set out in the "Definitions" section of the announcement issued by Braemar at 7.00 a.m. on 7 September.
Enquiries:
Braemar Shipping Services plc
James Kidwell, Chief Executive
Louise Evans, Group Finance Director |
+44 (0) 20 3142 4100 |
PricewaterhouseCoopers LLP
Financial Adviser
Coolin Desai
Jon Raggett |
+44 (0) 20 7583 5000 |
Stockdale Securities Limited
Sponsor and Financial Adviser
Robert Finlay
Antonio Bossi
Edward Thomas |
+44 (0) 20 7601 6100 |
Buchanan Communications
Financial PR for Braemar
Charles Ryland
Vicky Hayns |
+44 (0) 20 7466 5000 |
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 850 in more than 70 locations worldwide across its Shipbroking, Technical and Logistics divisions.
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
