Gulf Marine Services PLC TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (7725H)

TIDMGMS

RNS Number : 7725H

Gulf Marine Services PLC

12 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                 Gulf Marine Services Plc 
  the underlying issuer                                        GB00BJVWTM27 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  ----------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                X 
------------------------------------------------------------  ---------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------  ---------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  ---------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  ---------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    ---------------------------- 
 3. Full name of person(s)                                    Green Investment Commercial 
  subject to the                                               Investments LLC 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ----------------------------- 
 5. Date of the transaction                                   18 May 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------- 
 6. Date on which issuer                                      09 June 2017 
  notified: 
-----------------------------------------------------------  ----------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                          28% 
-----------------------------------------------------------  ----------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type      Situation previous                  Resulting situation after the 
  of              to the triggering                   triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ----------------------------------  -------------------------------------------------------------------- 
                 Number            Number            Number         Number of                   % of voting 
                  of                of                of shares      voting                      rights (x) 
                  Shares            Voting                           rights 
                                    Rights 
--------------  ----------------  ----------------  -------------  --------------------------  ------------------------- 
                                                     Direct         Direct         Indirect     Direct        Indirect 
                                                                     (xi)           (xii) 
--------------      ------------    ------------    -------------  -------------  -----------  ------------  ----------- 
 
 
  GB00BJVWTM27   157,019,602       156,993,626       97,019,602     96,993,626                  27.75% 
                ----------------  ----------------  -------------  -------------  -----------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial   Expiration      Exercise/                        Number of voting              % of voting 
  instrument          date            Conversion                       rights that                   rights 
                      (xiii)          Period (xiv)                     may be 
                                                                       acquired if 
                                                                       the 
                                                                       instrument 
                                                                       is 
                                                                       exercised/ 
                                                                       converted. 
------------------  --------------  -------------------------------  ----------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of           Exercise        Expiration      Exercise/        Number of voting              % of voting 
 financial          price          date            Conversion        rights instrument             rights (xix, 
 instrument                        (xvii)          period            refers to                     xx) 
                                                   (xviii) 
----------------  --------------  --------------  ---------------  ----------------------------  ----------------------- 
                                                                                                  Nominal       Delta 
----------------  --------------  --------------  ---------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ------------------------------------------------------------------ 
 96,993,626                                            27.75% 
----------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------- 
 
   Ultimate beneficial owner of the shares is GC Equity 
   Partners Fund II, LP 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  ---------------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  ---------------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  ---------------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  ---------------------------- 
 14. Contact name:                                              Wissam Daoud 
-------------------------------------------------------------  ---------------------------- 
                                                                [phone],[phone] 
 15. Contact telephone number:                                  7277 
-------------------------------------------------------------  ---------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 12, 2017 03:12 ET (07:12 GMT)