Gulf Marine Services PLC Block Listing
November 08 2024 - 6:00AM
RNS Regulatory News
RNS Number : 5221L
Gulf Marine Services PLC
08 November 2024
|
FOR
IMMEDIATE RELEASE
|
8 November
2024
|
Gulf Marine Services
PLC
(the
"Company")
Block Listing Six Monthly
Return
Gulf Marine Services PLC, as
required by the rules of the Financial Conduct Authority, notifies
the following routine information regarding the Company's existing
block listing arrangements in connection with warrants previously
issued by the Company:
|
Name of
applicant:
|
Gulf Marine Services PLC
|
|
Name of
scheme:
|
|
|
Period of
return:
|
From:
|
9 May
2024
|
To:
|
8 November 2024
|
|
Balance of
unallotted securities under scheme(s) from previous
return:
|
137,075,773 ordinary shares of
£0.02
|
|
Plus:
The amount by which the block scheme(s) has been
increased since the date of the last return (if any increase has
been applied for):
|
-
|
|
Less:
Number of securities issued/allotted under
scheme(s) during period (see UKLR 20.6.7G):
|
53,531,734 ordinary shares of £0.02
|
|
Equals:
Balance under scheme(s) not yet issued/allotted at
end of period:
|
83,544,039 ordinary shares of
£0.02
|
|
|
|
|
| |
- Ends
-
|
Enquiries:
Gulf Marine
Services PLC
Mansour Al Alami
Executive Chairman
Alex
Aclimandos
Chief
Financial Officer
|
+44 (0) 207 603 1515
|
|
|
|
|
Celicourt
Communications
Mark
Antelme
Philip Dennis
|
+44 (0)20 8434 2643
|
Notes to Editors:
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 offshore 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.
The GMS fleet of 13 SESVs is amongst
the youngest in the industry. The vessels support GMS's clients in
a broad range of offshore platform refurbishment and maintenance
activities, well intervention work, and offshore wind turbine
maintenance work (which are opex-led activities), as well as
offshore 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.
Gulf Marine
Services PLC's Legal Entity Identifier is
213800IGS2QE89SAJF77
www.gmsplc.com
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END
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