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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gulf Marine Services Plc | LSE:GMS | London | Ordinary Share | GB00BJVWTM27 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.15 | -0.77% | 19.35 | 19.10 | 19.35 | 19.35 | 19.00 | 19.05 | 763,604 | 09:56:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Ship Building And Repairing | 133.16M | 25.33M | 0.0249 | 7.77 | 196.68M |
TIDMGMS
RNS Number : 9950K
Gulf Marine Services PLC
16 April 2018
Director/PDMR Shareholding
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
AND OR PERSONS CLOSELY ASSOCIATED WITH THEM
Gulf Marine Services PLC
("Gulf Marine Services", "the Company", "GMS" or "the Group")
In accordance with the requirements of DTR 3.1.2R, Gulf Marine Services announces that each of the following persons, each being a Person Discharging Managerial Responsibility (a "PDMR"), has on 16 April 2018 been granted Awards over Ordinary Shares of 10 pence under the Company's Long Term Incentive Plan ("LTIP").
Pursuant to the Rules of the LTIP, Awards may only be made at certain prescribed times. The relevant percentage of salary in respect of the LTIP Awards referred to below is based upon a share price of 38 pence being the Company's closing share price on 27 March 2018.
Director/PDMR No. of Shares over which Percentage Awards of Basic granted on 16 April 2018 Salary Duncan Anderson (Director) 1,156,067 150% -------------------------- ----------- John Brown 732,381 125% -------------------------- ----------- Mark Preston 549,540 125% -------------------------- ----------- Andrew Robertson 539,558 125% -------------------------- ----------- Simon Cook 540,078 125% -------------------------- -----------
The above Awards should ordinarily vest on or around 28 March 2021 but only to the extent that certain performance conditions are satisfied by the Company during that period.
No consideration was payable by the above individuals for the grant of the above Awards.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
1. Details of PDMR / person closely associated with them ("PCA") a) Name 1. Duncan Anderson 2. John Brown 3. Mark Preston 4. Andrew Robertson 5. Simon Cook 2. Reason for the notification a) Position / status 1. Chief Executive Officer (Director) 2. Chief Financial Officer (PDMR) 3. Commercial Director (PDMR) 4. Finance Director (PDMR) 5. Chief Operating Officer (PDMR) b) Initial notification / amendment Initial Notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Gulf Marine Services PLC b) LEI 213800IGS2QE89SAJF77 4. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument Ordinary Shares of 10p each ISIN: GB00BJVWTM27 b) Nature of the transaction 1, 2, 3, 4 and 5 awarded shares under the Company's Long Term Incentive Plan ("LTIP") c) Price(s) and volume(s) Price(s) Volume(s) 1. Nil consideration 1. 1,156,067 2. Nil consideration 2. 732,381 3. Nil consideration 3. 549,540 4. Nil consideration 4. 539,558 5. Nil consideration 5. 540,078 d) Aggregated information Aggregated volume N/A (single transaction) Price e) Date of the transaction 16 April 2018 f) Place of the transaction Award of the shares occurred outside a trading venue
- Ends -
John Brown
Company Secretary
Tel: +971 (2) 5028888
Gulf Marine Services PLC's Legal Entity Identifier is 213800IGS2QE89SAJF77
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHKMGMDNVVGRZG
(END) Dow Jones Newswires
April 16, 2018 04:03 ET (08:03 GMT)
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