Gulf Marine Services (GB:GMS) has released an update.
Gulf Marine Services PLC has reported that their shareholder, Seafox International Limited, has distributed a portion of its GMS shares to its own shareholders as a dividend in specie, not as a sale. This recent distribution has resulted in Seafox’s voting rights in GMS decreasing from 18.43% to 14.21%, with a total of 152,018,310 voting rights now held. The distribution is part of a larger share distribution plan that will continue in the coming weeks.
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