UK shipbroker Braemar has announced rewards totalling £2.02m ($2.4m) for its top staff, while also seeking a capital reduction to boost its dividend firepower.
The first tranche of share awards were made under the long-term incentive plan, the London-listed company said.
Chief executive James Gundy was granted 164,360 no-cost options, while chief operations officer Tris Simmonds received 259,516 and group finance director Alistair Borthwick 28,547.
