Business
Share Purchase by a Director
Share Purchase by a Director.
About this update from Gulf Marine Services Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 9906O\n Gulf Marine Services PLC\n 13 October 2021\n \n \n \n \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n \n \n 13 October 2021\n \n \n \n \n \n \n \n \n Gulf Marine Services PLC\n \n \n ('Gulf Marine Services', 'GMS', the 'Company' or the 'Group')\n \n \n \n \n \n DIRECTORS/PDMR SHAREHOLDINGS\n \n \n Share Purchase by a Director\n \n \n \n \n \n The Company has today been notified that Mansour Al Alami, the Executive Chairman of the Company, has today purchased 529,800 Gulf Marine Services plc ordinary shares (\"Shares\") at an average purchase price of £0.043 per Share. The Shares were purchased on the open market.\n \n \n \n \n \n Following this transaction, Mansour Al Alami holds 2,202,000 Shares, representing 0.22% of the issued share capital of the Company.\n \n \n \n \n \n Enquiries: \n \n \n \n \n \n Gulf Marine Services PLC \n \n \n Mansour Al Alami \n \n \n Executive Chairman \n \n \n \n \n \n Tel: +44 (0)20 7603 1515\n \n \n \n \n \n \n \n Celicourt Communications \n \n \n Mark Antelme / Philip Dennis\n \n \n \n \n Tel: +44 (0) 20 8434 2754\n \n \n \n \n \n \n \n \n Notes to Editors:\n \n \n Gulf Marine Services PLC, 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, Saudi Arabia and Qatar. 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.\n \n \n \n \n \n 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). \n \n \n \n \n \n The SESVs are categorised by size - K-Class (Small), S-Class (Mid) and E-Class (Large) - with t...