Director/PDMR Shareholding

RNS Number : 4325K

Gulf Marine Services PLC

21 September 2016

 

Director/PDMR and Connected Person Shareholding

Gulf Marine Services PLC (the "Company")

The Company was informed today that Mr. Duncan Anderson, the Company's Chief Executive Officer, sold 600,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") on 19 September 2016. The transactions were executed at a weighted average price of 50.0 pence.

Following these transactions, the beneficial interest of Mr. Duncan Anderson, was 2,014,622 Ordinary Shares representing approximately 0.6% of the Company's issued ordinary share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Duncan Anderson
b)	Position / status	Chief Executive Officer
c)	Initial notification / amendment	Initial Notification
2.	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	Ordinary Shares
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 50.0 pence 50,000 Ordinary Shares 50.0 pence 50,000 Ordinary Shares 50.0 pence 100,000 Ordinary Shares 50.3 pence 50,000 Ordinary Shares 50.3 pence 25,000 Ordinary Shares 50.0 pence 25,000 Ordinary Shares 50.0 pence 100,000 Ordinary Shares 50.0 pence 25,000 Ordinary Shares 50.0 pence 75,000 Ordinary Shares 50.0 pence 100,000 ordinary Shares
d)	Aggregated information -     Aggregated volume -     Aggregated Price	Aggregated volume of 600,000 shares Weighted average price of 50.0 pence
e)	Date of the transaction	19 September 2016 (UK)
f)	Place of the transaction	London Stock Exchange, UK

Enquiries:

Gulf Marine Services PLC                                                                        Tel: [phone]

John Brown - Group CFO

Anne Toomey - Investor Relations Manager

Gulf Marine Services
Mussafah Base,
P.O.Box 46046,
Abu Dhabi,

UAE

-  ENDS -

 

END

 

 

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