Gulf Marine Services (GB:GMS) has released an update.
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Gulf Marine Services PLC has announced that Seafox International Limited has begun distributing its shares in the company to Seafox’s shareholders as a dividend in specie, confirming that it is not a sale of shares. Following the distribution, Seafox’s holding in Gulf Marine Services has decreased from 23.71% to 20.77%, as detailed in the TR-1 notification received by the company.
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