Gulf Marine Services PLC Director/PDMR Shareholding (4981P)
February 10 2023 - 1:30AM
UK Regulatory
TIDMGMS
RNS Number : 4981P
Gulf Marine Services PLC
10 February 2023
FOR IMMEDIATE RELEASE 10 February 2023
Gulf Marine Services PLC
('Gulf Marine Services', 'GMS', the 'Company' or the
'Group')
DIRECTORS/PDMR SHAREHOLDINGS
Share Dealing by a Director
The Company was notified on 9 February 2023 that, on 8 February
2023, Charbel El Khoury, a Non-Executive Director of the Company,
purchased 500,000 Gulf Marine Services plc ordinary shares
("Shares") at a purchase price of GBP0.0455 per Share; and on 9
February 2023, Charbel El Khoury sold 51,464 Shares at the same
price. The Shares were traded on the open market.
Following these transactions, Charbel El Khoury holds 448,536
Shares, representing 0.044% of the issued share capital of the
Company.
Enquiries:
Gulf Marine Services PLC Tel: +44 (0)20 7603 1515
Mansour Al Alami
Executive Chairman
Celicourt Communications Tel: +44 (0) 20 8434 2754
Mark Antelme / Philip Dennis
Notes to Editors:
Gulf Marine Services PLC, a company listed on the London Stock
Exchange, was founded in Abu Dhabi in 1977 and has become a world
leading provider of advanced self--propelled self--elevating
support vessels (SESVs). The fleet serves the oil, gas and
renewable energy industries from its offices in the United Arab
Emirates, Saudi Arabia and Qatar.
The Group's assets are capable of serving clients' requirements
across the globe, including those in the Middle East, South East
Asia, West Africa, North America, the Gulf of Mexico and Europe.
The GMS fleet of 13 SESVs is amongst the youngest in the industry.
The vessels support GMS's clients in a broad range of offshore oil
and gas platform refurbishment and maintenance activities, well
intervention work and offshore wind turbine maintenance work (which
are opex--led activities), as well as offshore oil and gas platform
installation and decommissioning and offshore wind turbine
installation (which are capex--led activities).
The SESVs are categorized by size -- K--Class (Small), S--Class
(Mid) and E--Class (Large) -- with these capable of operating in
water depths of 45m to 80m depending on leg length. The vessels are
four--legged and are self--propelled, which means they do not
require tugs or similar support vessels for moves between locations
in the field; this makes them significantly more cost--effective
and time--efficient than conventional offshore support vessels
without self--propulsion. They have a large deck space, crane
capacity and accommodation facilities (for up to 300 people) that
can be adapted to the requirements of the Group's clients.
Gulf Marine Services PLC's Legal Entity Identifier is
213800IGS2QE89SAJF77
www.gmsplc.com
Disclaimer
The content of the Gulf Marine Services PLC website should not
be considered to form a part of or be incorporated into this
announcement.
Details of the person discharging managerial responsibilities
Name CHARBEL EL KHOURY
----------------------------------------- ----------------------------
Reason for the notification
-----------------------------------------------------------------------
Position/status NON-EXECUTIVE DIRECTOR
----------------------------------------- ----------------------------
Initial notification /Amendment INITIAL NOTIFICATION
----------------------------------------- ----------------------------
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
Name GULF MARINE SERVICES PLC
----------------------------------------- ----------------------------
LEI 213800IGS2QE89SAJF77
----------------------------------------- ----------------------------
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
-----------------------------------------------------------------------
Description of the financial instrument, ORDINARY SHARES OF GBP0.02
type of instrument EACH
Identification code
GB00BJVWTM27
----------------------------------------- ----------------------------
Nature of the transaction Acquisition of shares
----------------------------------------- ----------------------------
Price(s) and volume(s) Price(s) Volume(s)
GBP0.0455 500,000
----------------------------------------- ----------------------------
Aggregated information
- Aggregated volume 500,000
GBP22,750.00
- Price
----------------------------------------- ----------------------------
Date of the transaction 08/02/2023
----------------------------------------- ----------------------------
Place of the transaction London Stock Exchange, XLON
----------------------------------------- ----------------------------
Details of the person discharging managerial responsibilities
Name CHARBEL EL KHOURY
----------------------------------------- ----------------------------
Reason for the notification
-----------------------------------------------------------------------
Position/status NON-EXECUTIVE DIRECTOR
----------------------------------------- ----------------------------
Initial notification /Amendment INITIAL NOTIFICATION
----------------------------------------- ----------------------------
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
Name GULF MARINE SERVICES PLC
----------------------------------------- ----------------------------
LEI 213800IGS2QE89SAJF77
----------------------------------------- ----------------------------
Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
-----------------------------------------------------------------------
Description of the financial instrument, ORDINARY SHARES OF GBP0.02
type of instrument EACH
Identification code
GB00BJVWTM27
----------------------------------------- ----------------------------
Nature of the transaction Sale of shares
----------------------------------------- ----------------------------
Price(s) and volume(s) Price(s) Volume(s)
GBP0.0455 51,464
----------------------------------------- ----------------------------
Aggregated information
- Aggregated volume 51,464
GBP2,341.61
- Price
----------------------------------------- ----------------------------
Date of the transaction 09/02/2023
----------------------------------------- ----------------------------
Place of the transaction London Stock Exchange, XLON
----------------------------------------- ----------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHBLGDDXXGDGXC
(END) Dow Jones Newswires
February 10, 2023 02:30 ET (07:30 GMT)
Gulf Marine Services (LSE:GMS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Gulf Marine Services (LSE:GMS)
Historical Stock Chart
From Apr 2023 to Apr 2024