Notice of FY24 Results

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO. 596/2014) WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

16 May 2024

BRAEMAR PLC

("Braemar", the "Company" and together with its subsidiaries the "Group")

Notice of FY24 Results

Braemar Plc (LSE: BMS), a leading provider of expert investment, chartering and risk management advice, today announces the following update.

Publication of FY24 Results

The Group will announce its audited final results for the year ended 29 February 2024 ("FY24") on Thursday, 23 May 2024 and publish its 2024 Annual Report and Accounts shortly thereafter.

Previous FY24 guidance remains unchanged, with revenue of not less than £150m (FY23: £153m) and underlying operating profit of not less than £18m, in line with market expectations¹.

Results Roadshow and Online Presentations

The Company is hosting a results roadshow, which will commence with an analyst briefing on Thursday, 23 May 2024 at 10.30 a.m. at Buchanan's offices at 107 Cheapside, London, EC2V 6DN. Please contact the team at Buchanan via braemar@buchanan.uk.com for further details.

The Company is also hosting an online investor presentation with Q&A on Tuesday, 28 May 2024, commencing at 1 p.m. To participate, please register with PI World at https://bit.ly/BMS_FY24_webinar.

1.   Company compiled consensus as at the date of this announcement: FY24 revenue of £150.4m and FY24 underlying operating profit (before acquisition-related expenditure) of £18m.

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