Braemar Shipping Services (GB:BMS) has released an update.
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Braemar Plc, a prominent international shipbroker, has awarded nil-cost option grants to key management personnel under its Long-Term Incentive Plan, with the options set to vest over a three-year period contingent on performance criteria related to the company’s EPS growth. Additionally, deferred share awards from the company’s Deferred Bonus Plan were granted to these executives, which are due to vest in 2027 without any consideration. The company also granted options under the Company Share Option Plan with a set exercise price, further aligning management’s interests with those of shareholders.
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