Gulf Marine Services
PLC
('Gulf Marine Services',
'GMS', the 'Company' or the 'Group')
DIRECTORS/PDMR SHAREHOLDINGS
Share Purchase by a Director
The Company was notified on 17
December 2024 that Charbel El Khoury, a Non-Executive Director of
the Company, that day purchased 13,455 Gulf Marine Services plc
ordinary shares ("Shares") at a purchase price of £0.1525 per
Share. The Shares were purchased on the open market.
Following this purchase, Charbel El
Khoury holds 13,455 Shares,
representing 0.0013% of the issued share capital of the
Company.
Enquiries:
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Gulf Marine Services
PLC
Mansour Al Alami
Executive Chairman
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Tel: +44 (0)20 7603 1515
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Celicourt
Communications
Mark Antelme / Philip Dennis
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Tel: +44 (0) 20 8434 2754
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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
Disclaimer
The content of the Gulf Marine
Services PLC website should not be considered to form a part of or
be incorporated into this announcement.
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Details of the person discharging managerial
responsibilities
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Name
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CHARBEL EL KHOURY
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Reason for the notification
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Position/status
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NON-EXECUTIVE DIRECTOR
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Initial notification
/Amendment
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INITIAL NOTIFICATION
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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Name
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GULF MARINE SERVICES PLC
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LEI
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213800IGS2QE89SAJF77
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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
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Description of the financial
instrument, type of instrument
Identification code
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ORDINARY SHARES OF £0.02
EACH
GB00BJVWTM27
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Nature of the transaction
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Acquisition of shares
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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£0.1525
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13,455
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Aggregated information
-
Aggregated volume
- Price
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13,455
£2,051.89
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Date of the transaction
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17/12/2024
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Place of the transaction
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London Stock Exchange,
XLON
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