Gulf Marine Services (GB:GMS) has released an update.
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Gulf Marine Services PLC has disclosed that Seafox International Limited has completed the fifth distribution of GMS shares to its shareholders through a dividend in specie, which is not a sale but a transfer. The distribution has resulted in Seafox’s voting rights in GMS decreasing to 12.918341%, with Seafox holding 138,219,308 voting rights as of October 8, 2024. This change in share distribution is part of an ongoing process to distribute 150 million GMS shares to Seafox shareholders.
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