REG - Gulf Marine Services - Holding(s) in Company

Gulf Marine ServicesAnnouncement

05/08/2024 16:00

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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                                                                                    Gulf Marine Services Plc
 which voting rights are attached(ii):
 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                                                                                                                                                                   X
 an increase in shares by the issuer
 3. Details of person subject to the notification obligation(iv)
 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 reached(vi):                                                                                                   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 both in % (8.A + 8.B)  Total number of voting rights of issuer(vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  24.46%                                                 -                                                     24.46%                              261,680,095
 Position of previous notification (if                                      25.60%                                                 -                                                     25.60%

 applicable)

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached(viii)
 A: Voting rights attached to shares
 Class/type of                                  Number of voting rights(ix)                                                                                 % of voting rights

shares

 ISIN code (if possible)
                                                Direct                                          Indirect                                                    Direct                                           Indirect

                                                (Art 9 of Directive 2004/109/EC) (DTR5.1)       (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                (Art 9 of Directive 2004/109/EC) (DTR5.1)        (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              Exercise/                                                   Number of voting rights that may be acquired if the instrument is        % of voting rights

date(x)
Conversion Period(xi)

                                                                                                                                    exercised/converted.
 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                               Exercise/                                 Physical or cash                                                  Number of voting rights  % of voting rights

date(x)
Conversion Period (xi)

                                                                                                                  settlement(xii)
 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                                                                                                                                           X
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuer(xiii)
 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)
 Name(xv)                    % 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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                         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 information(xvi)
 None

 

 Place of completion  Abu Dhabi
 Date of completion   05/08/2024

 

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