16th Oct 2020 21:03
Gulf Marine Services PLC - UAE-based support vessels provider - Says 29% shareholder Seafox International Ltd has opted to vote against the firm's proposed warrant issue. GMS is seeking shareholder approval to issue warrants to its lending banks by the end of 2020. Therefore, is urging all other shareholders to vote in favour of the warrant issue at the upcoming general meeting. Gulf Marine has previously accused Seafox of a "sustained campaign" to disrupt its governance and management.
Current stock price: 7.49 pence
Year-to-date change: up 1.5%
By Paul McGowan; [email protected]
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