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Gulf Marine Services ( (GB:GMS) ) has issued an update.
Gulf Marine Services PLC announced that Seafox International Limited has distributed further shares of the company as a dividend in specie to Seafox’s shareholders. The transaction, which does not constitute a sale, adjusts Seafox’s voting rights from 7.789096% to 6.335289%, impacting the company’s ownership structure but not its operational strategy. This share distribution is part of an ongoing process to adjust shareholdings without affecting the market dynamics or stakeholder interests.
More about Gulf Marine Services
Gulf Marine Services PLC operates in the marine services industry, focusing on providing advanced self-propelled, self-elevating support vessels (SESVs) to the offshore oil, gas, and renewable energy sectors. The company is known for its operational flexibility and ability to offer services across the Middle East, North Africa, and Europe.
YTD Price Performance: -0.99%
Average Trading Volume: 2,974,599
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £160M
For detailed information about GMS stock, go to TipRanks’ Stock Analysis page.
