18 Nov 2019 07:30
18 November 2019
Gulf Marine Services PLC ("the Company")
Grant of LTIP Awards
Gulf Marine Services announces that its Chief Financial Officer, Stephen Kersley, was granted on 15 November the following conditional share awards over ordinary shares of £0.10 each in the Company under the Company's Long Term Incentive Plan (the "Plan").
Name | Position | No of awards granted |
Stephen Kersley | Chief Financial Officer | 1,025,333 |
These awards will generally vest three years from the date of grant, subject to the satisfaction of certain performance conditions and a subsequent two year holding period.
For further information, please contact:
Tony Hunter
Company Secretary
+ 44 (0)207 603 1515
1
| Details of the person discharging managerial responsibilities | |||||
a) | Name | STEPHEN KERSLEY | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer
| ||||
b) | Initial notification /Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | GULF MARINE SERVICES PLC
| ||||
b)
| LEI | 213800IGS2QE89SAJF77 | ||||
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument
Identification code
| ORDINARY SHARES OF £0.10 EACH
GB00BJVWTM27 | ||||
b)
| Nature of the transaction
| Grant of conditional share awards under the Gulf Marine Services PLC Long-Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
| N/A single transaction
| ||||
e)
| Date of the transaction
| 15/11/2019 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Gulf Marine Services (GMS)