Braemar Shipping Services (GB:BMS) has released an update.
Braemar PLC, a prominent international shipbroker, disclosed that following the vesting of share awards, key managerial staff, including the CEO, COO, and CFO, sold a portion of their shares to cover tax liabilities. The transactions occurred on the London Stock Exchange with shares sold at £2.997 each. Post-sale, the executives still hold significant shares in the company, indicating a retained stake in the firm’s success.
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