LONDON - Braemar Plc (LSE: BMS), an advisory firm in the shipping and energy markets, reported that its Group Chief Operating Officer, Tristram Simmonds, has sold a portion of his company shares. The transactions, which occurred off-exchange and on the London Stock Exchange (LON:LSEG), were disclosed in accordance with the EU Market Abuse Regulation.
On November 20, 2024, Simmonds sold 1,866 shares off-exchange at a price of £2.56906 each, totaling £4,793.87. The following day, he conducted two separate transactions on the London Stock Exchange, selling 13,890 shares at £2.47 each for £34,308.30 and another 15,000 shares at £2.40 each, amounting to £36,000.
After these transactions, Simmonds' total shareholding in Braemar stands at 304,354 shares. The company, which specializes in providing investment, chartering, and risk management advice, has been listed on the London Stock Exchange since November 1997 under the ticker symbol BMS.
Braemar emphasizes its role in enabling clients to achieve sustainable returns and manage risk in the volatile shipping and energy sectors. The firm's brokers and specialists collaborate to offer tailored services to meet clients' needs.
The information regarding the share dealings by the COO is based on a press release statement, ensuring transparency and adherence to regulatory requirements. The details of the transactions provide investors and the market with insight into the executive's dealings with the company's shares.
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