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Gulf Marine Shareholder Voting Rights Diluted

Gulf Marine Shareholder Voting Rights Diluted

Gulf Marine Services (GB:GMS) has released an update.

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Gulf Marine Services PLC has announced a dilution in shareholder Seafox International Limited’s voting rights, from 29.15% to 28.49%, following an increase in the number of shares issued by the company. The change occurred on May 31, 2024, and was officially notified to the issuer on June 14, 2024. This dilution is a result of share expansion and not due to any sale of shares by the shareholder.

For further insights into GB:GMS stock, check out TipRanks’ Stock Analysis page.

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