Board change

RNS Number : 5636L

Braemar PLC

04 January 2023

 

RNS    4th January 2023

BRAEMAR   PLC

("Braemar" or the "Group")

Board change

Braemar Plc (LSE: BMS), a leading international shipbroker and provider of expert investment, chartering and risk management advice to the shipping and energy markets, announces in accordance with LR 9.6.11R that Steve Kunzer, non-executive director, will stand down from the board with effect from 31^st January 2023, in order to take up the position of Chief Executive Officer of Lila Global, the shipowning subsidiary of Global Marketing Systems Inc. A replacement non-executive director will be appointed in due course.

Nigel Payne, Chairman of Braemar, said :

" Steve has been a great asset to Braemar over the past four years and latterly, during my tenure as Chairman, Steve has played a supportive role in developing the Group's new growth strategy. On behalf of everyone at Braemar, we wish Steve well in his new role and thank him for his contributions to the board."

For further information, contact:

Braemar Plc
James Gundy, Group Chief Executive Officer		Tel [phone]
Tris Simmonds, Chief Operating Officer
Nick Stone, Chief Financial Officer
Nick Arthur, Head of Corporate Affairs
Investec Bank plc
Gary Clarence / Harry Hargreaves / Alice King		Tel [phone]
Cenkos Securities plc Ben Jeynes / Max Gould (Corporate Finance) Alex Pollen / Leif Powis (Sales)		Tel [phone]
Buchanan
Charles Ryland / Jamie Hooper / Jack Devoy		Tel [phone]

About Braemar Plc

Braemar provides expert investment, chartering, 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.

For more information, visit www.Braemar.com and follow Braemar on LinkedIn .

 

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