Gulf Marine Services (GB:GMS) has released an update.
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Gulf Marine Services PLC has reported a recent distribution of shares by Seafox International Limited to its shareholders as a dividend in specie, confirming that this is not a share sale. The distribution resulted in Seafox’s voting rights in the company decreasing from 19.15% to 18.43%. This move is part of a larger share distribution plan announced earlier, which will continue in the coming weeks.
For further insights into GB:GMS stock, check out TipRanks’ Stock Analysis page.