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IN BRIEF: Gulf Marine Services exec chair buys GBP23,000 in shares

8th Jul 2021 14:28

Gulf Marine Services PLC - Abu Dhabi-based provider of support vessels for offshore oil, gas and renewables industries - Executive Chair Mansour Al Alami buys 672,200 shares at 3.4 pence, worth GBP22,855, on Thursday. Now has 1.7 million shares, a 0.2% stake. Late last month, Gulf Marine Services raised GBP20.0 million from the issue of 665.9 million new shares at 3p each. Last week, the company said it is on track to turn to profit as it won three new contracts.

Current stock price: 3.34p

Year-to-date change: down 18%

By Tom Waite; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Gulf Marine Services
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