GULF MARINE SERVICES PLC — Director's Dealing 2016

Sep 21, 2016

National Storage Mechanism | Additional information

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RNS Number : 4325K

Gulf Marine Services PLC

21 September 2016

Director/PDMR and Connected Person Shareholding

Gulf Marine Services PLC (the "Company")

The Company was informed today that Mr. Duncan Anderson, the Company's Chief Executive Officer, sold 600,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") on 19 September 2016. The transactions were executed at a weighted average price of 50.0 pence.

Following these transactions, the beneficial interest of Mr. Duncan Anderson, was 2,014,622 Ordinary Shares representing approximately 0.6% of the Company's issued ordinary share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Duncan Anderson

b)

Position / status

Chief Executive Officer

c)

Initial notification / amendment

Initial Notification

2.

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

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
50.0 pence	50,000 Ordinary Shares
50.0 pence	50,000 Ordinary Shares
50.0 pence	100,000 Ordinary Shares
50.3 pence	50,000 Ordinary Shares
50.3 pence	25,000 Ordinary Shares
50.0 pence	25,000 Ordinary Shares
50.0 pence	100,000 Ordinary Shares
50.0 pence	25,000 Ordinary Shares
50.0 pence	75,000 Ordinary Shares
50.0 pence	100,000 ordinary Shares

d)

Aggregated information

-     Aggregated volume

-     Aggregated Price

Aggregated volume of 600,000 shares

Weighted average price of 50.0 pence

e)

Date of the transaction

19 September 2016 (UK)

f)

Place of the transaction

London Stock Exchange, UK

Enquiries:

Gulf Marine Services PLC                                                                        Tel: +971 (2) 5028888

John Brown - Group CFO

Anne Toomey - Investor Relations Manager

Gulf Marine Services

Mussafah Base,

P.O.Box 46046,

Abu Dhabi,

UAE

-  ENDS -

This information is provided by RNS

The company news service from the London Stock Exchange

END

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