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2 June 2023
BRAEMAR PLC
("Braemar")
Capital Reduction - Court approval
Braemar Plc (LSE: BMS), a provider of expert investment, chartering, and risk management advice to the shipping and energy markets, is pleased to confirm that, at a Confirmation hearing held on 9 May 2023, the Capital Reduction was duly approved by the Court, and will become effective once processed at Companies House.
For further information, contact:
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Braemar Plc |
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Nick Stone, Group Chief Financial Officer |
Tel +44 (0) 20 3142 4100 |
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Rebecca-Joy Wekwete, Company Secretary |
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Investec Bank plc |
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Gary Clarence / Harry Hargreaves / Alice King |
Tel +44 (0) 20 7597 5970 |
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Cenkos Securities plc
Ben Jeynes / Max Gould (Corporate Finance)
Alex Pollen / Leif Powis (Sales) |
Tel +44 (0) 20 7397 8900 |
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Buchanan |
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Charles Ryland / Jamie Hooper / Jack Devoy |
Tel +44 (0) 20 7466 5000 |
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Notes to Editors:
About Braemar Plc
Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping. 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, including our investor presentation, please visit www.braemar.com and follow Braemar on LinkedIn.
