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Pin to quick picksGulf Marine Services Share News (GMS)

Share Price Information for Gulf Marine Services (GMS)

London Stock Exchange
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Share Price: 7.24
Bid: 7.02
Ask: 7.98
Change: 0.00 (0.00%)
Spread: 0.96 (13.68%)
Open: 7.24
High: 7.70
Low: 7.30
Yest. Close: 7.24
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Gulf Marine Shareholders Approve Seafox's Requisitioned Resolutions

Tue, 4th Aug 2020 21:10

(Alliance News) - Gulf Marine Services PLC, a United Arab Emirates-based support vessels provider, said resolutions to appoint Hassan Heikal and Hesham Halbouny as directors were narrowly approved at a general meeting.

A total of 58% of votes favoured the director appointments at the meeting, requisitioned by Seafox International Ltd, with 43% against.

Gulf Marine said: "The board will publish an update on views received from shareholders, and actions taken, within six months of the requisitioned GM, and a final summary together with any further steps in the next annual report."

Seafox, a global offshore jack-up company, was "pleased to note the support" for its resolutions. It said the vote endorsed the validity of its views on Gulf Maine and reflected its position as a 30% shareholder.

Shares in Gulf Maine ended down 2.1% at 0.53 pence on Tuesday.

By Anna Farley; annafarley@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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