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IN BRIEF: Gulf Marine Accuses Shareholder Seafox Of "Hyperbole"

23rd Sep 2020 19:23

Gulf Marine Services PLC - United Arab Emirates-based support vessels provider - Receives letter from shareholder Seafox International Ltd to requisition a general meeting in bid to oust Non-Executive Directors Mike Turner, David Blewden, Mo Bississo and Shona Grant. Seafox wants to appoint Rashid Al Jarwan, Mansour Al Alami and Saeed Mer Abdulla Khoory, three UAE-based individuals, to replace them. "Seafox's letter contains a mixture of factual inaccuracies, irrelevant allegations and hyperbole," Gulf Marine said.

Current stock price: 10.00 pence

Year-to-date change: up 37%

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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