Gulf Marine Services PLC Grant of LTIP Awards (6301T)
18 November 2019 - 6:30PM
UK Regulatory
TIDMGMS
RNS Number : 6301T
Gulf Marine Services PLC
18 November 2019
18 November 2019
Gulf Marine Services PLC ("the Company")
Grant of LTIP Awards
Gulf Marine Services announces that its Chief Financial Officer,
Stephen Kersley, was granted on 15 November the following
conditional share awards over ordinary shares of GBP0.10 each in
the Company under the Company's Long Term Incentive Plan (the
"Plan").
Name Position No of awards granted
Stephen Kersley Chief Financial Officer 1,025,333
------------------------- ---------------------
These awards will generally vest three years from the date of
grant, subject to the satisfaction of certain performance
conditions and a subsequent two year holding period.
For further information, please contact:
Tony Hunter
Company Secretary
+ 44 (0)207 603 1515
1 Details of the person discharging managerial responsibilities
a) Name STEPHEN KERSLEY
---------------------------- -------------------------------------
2 Reason for the notification
-------------------------------------------------------------------
a) Position/status Chief Financial Officer
---------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
---------------------------- -------------------------------------
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 ORDINARY SHARES OF GBP0.10 EACH
financial instrument,
type of instrument
GB00BJVWTM27
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Grant of conditional share awards
under the Gulf Marine Services PLC
Long-Term Incentive Plan
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00 1,025,333
----------
---------------------------- -------------------------------------
d) Aggregated information N/A single transaction
---------------------------- -------------------------------------
e) Date of the transaction 15/11/2019
---------------------------- -------------------------------------
f) Place of the transaction Outside a trading venue
---------------------------- -------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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