The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Confirmation regarding appointment of Directors

16 Nov 2020 14:59

RNS Number : 4739F
Gulf Marine Services PLC
16 November 2020
 

FOR IMMEDIATE RELEASE

16 November 2020

 

 

Gulf Marine Services PLC

('Gulf Marine Services', 'GMS', the 'Company' or the 'Group')

 

Confirmation under Listing Rule 9.6.13R regarding appointment of Directors

 

Gulf Marine Services (LSE: GMS), further to the announcement made by the Company on 10 November 2020, confirms that, in connection with the appointments of Rashed Saif Al Jarwan, Mansour Al Alami and Saeed Mer Abdulla Khoory as Directors effective 10 November 2020, the Company confirms that for the purposes of paragraph 9.6.13 (1) of the Listing Rules of the UK Listing Authority (the "Listing Rules") Rashed Saif Al Jarwan is currently a director of the following publicly quoted companies:

· Dana Gas (Vice Chairman);

· Oman Insurance Company (Non-Executive Director); and

· Mashreq Bank PSC (Non-Executive Director).

 

There are no additional matters requiring disclosure under Rule 9.6.13R of the Listing Rules.

Enquiries:

GMS

Mansour Al Alami (Chairman) +44 (0) 20 7603 1515

Brunswick (PR Adviser to GMS)

Patrick Handley - UK +44 (0) 20 7404 5959

Will Medvei - UK

Jade Mamarbachi - UAE +971 (0) 50 600 3829

 

ABOUT GMS

GMS, a company listed on the London Stock Exchange, was founded in Abu Dhabi in 1977 and has become a world-leading provider of advanced self-propelled self-elevating support vessels (SESVs). The fleet serves the oil, gas and renewable energy industries from its offices in the United Arab Emirates and Saudi Arabia. The Group's assets are capable of serving clients' requirements across the globe, including those in the Middle East, South East Asia, West Africa, North America, the Gulf of Mexico and Europe.

The GMS fleet of 13 SESVs is amongst the youngest in the industry, with an average age of eight years. The vessels support GMS's clients in a broad range of offshore oil and gas platform refurbishment and maintenance activities, well intervention work and offshore wind turbine maintenance work (which are opex-led activities), as well as offshore oil and gas platform installation and decommissioning and offshore wind turbine installation (which are capex-led activities).

The SESVs are categorised by size - K-Class (Small), S-Class (Mid) and E-Class (Large) - with these capable of operating in water depths of 45m to 80m depending on leg length. The vessels are four-legged and are self-propelled, which means they do not require tugs or similar support vessels for moves between locations in the field; this makes them significantly more cost-effective and time-efficient than conventional offshore support vessels without self-propulsion. They have a large deck space, crane capacity and accommodation facilities (for up to 300 people) that can be adapted to the requirements of the Group's clients.

The Company's Legal Entity Identifier is 213800IGS2QE89SAJF77.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCKZMMMDVFGGZM

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.