30th May 2018 15:47
LONDON (Alliance News) - Gulf Marine Services PLC said Wednesday Non-Executive Director Karim El Solh will step down with effect from Thursday.
El Solh is a board representative of Green Investment Commercial Investments LLC, a shareholder of Gulf Marine.
Green Investments shareholding has fallen below the 10% threshold, which entitled Green Investments to nominate a representative on Gulf Marine's board.
Gulf Marine shares were flat at 44.20 pence each.
Related Shares:
Gulf Marine Services