Holding(s) in Company

Source: RNS
RNS Number : 2408Z
Gulf Marine Services PLC
05 August 2024
 

 

FOR IMMEDIATE RELEASE

 

5 August 2024

 

 

Gulf Marine Services PLC

(the "Company")

 

Holding(s) in Company

 

 

The Company announces that it has received the following TR-1 notification which is set out below without amendment.

 

 

The number of shares held by Mazrui Investments LLC ("Mazrui") remains the same. The reduction in overall percentage held by Mazrui from 25.60% to 24.46% resulted solely from the dilution due to the recent issue of new shares by the Company in connection with the exercise of warrants.

 

 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Gulf Marine Services Plc

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

UK issuer


2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights


An acquisition or disposal of financial instruments


An event changing the breakdown of voting rights


Other (please specify)iii: A Dilution of overall shareholding as a result of an increase in shares by the issuer

X

3. Details of person subject to the notification obligationiv

Name


City and country of registered office (if applicable)


4. Full name of shareholder(s) (if different from 3.)v

Name

Mazrui Investments LLC via EFG Hermes Custody

City and country of registered office (if applicable)

Abu Dhabi-UAE

5. Date on which the threshold was crossed or reachedvi:

31/05/2024

6. Date on which issuer notified (DD/MM/YYYY):

05/08/2024

7. Total positions of person(s) subject to the notification obligation


% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

24.46%

-

24.46%

    261,680,095

Position of previous notification (if

applicable)

25.60%

-

25.60%


 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BJVWTM27


261,680,095


          24.46%











SUBTOTAL 8. A

261,680,095

24.46%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

None-Equity Stake Only

















SUBTOTAL 8. B 1



 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

None-Equity Stake Only




















 

SUBTOTAL 8.B.2



 

 

 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

X

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
xiv (please add additional rows as necessary)


Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold





















 

10. In case of proxy voting, please identify:

Name of the proxy holder

n/a

The number and % of voting rights held

n/a

The date until which the voting rights will be held

n/a


11. Additional informationxvi

None

 

Place of completion

Abu Dhabi

Date of completion

05/08/2024

 

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