TIDMGMS
RNS Number : 6915D
Gulf Marine Services PLC
30 June 2021
FOR IMMEDIATE RELEASE 30 June 2021
Gulf Marine Services PLC
('Gulf Marine Services', 'GMS', the 'Company' or the
'Group')
Results of Annual General Meeting ("AGM")
Results of the AGM
The AGM of Gulf Marine Services PLC was held on Wednesday, 30
June 2021. In the context of the continued restrictions on public
gatherings as a result of the COVID-19 pandemic, it was therefore
not possible for the AGM to be held in the same format as in
previous years, as a result of which shareholders were strongly
encouraged to submit a form of proxy in advance of this meeting
rather than seeking to vote in person.
Accordingly, all the resolutions were put to shareholders on a
poll. The results of the poll are shown in the
table below and will shortly be available on the Company's website, www.gmsplc.com.
Resolution Votes in % Votes % Total Votes
Favour (including Against Votes Withheld(2)
discretionary)(1) (excluding
votes withheld)
1. To receive the Annual
Report and Accounts for
the financial year ended
31 December 2020. 433,330,544 99.93% 313,235 0.07% 433,643,779 2,039
------------------- ------- ----------- ------ ----------------- -------------
2. To approve the Remuneration
Policy included in the
Annual Report and Accounts
for the financial year
ended 31 December 2020. 394,480,051 90.97% 39,151,228 9.03% 433,631,279 14,539
------------------- ------- ----------- ------ ----------------- -------------
3. To approve the Directors'
Remuneration Report included
in the Annual Report
and Accounts for the
financial year ended
31 December 2020. 431,901,063 99.60% 1,730,216 0.40% 433,631,279 14,539
------------------- ------- ----------- ------ ----------------- -------------
4. To reappoint Mansour
Al Alami as a Director. 433,316,509 99.93% 311,985 0.07% 433,628,494 17,324
------------------- ------- ----------- ------ ----------------- -------------
5. To reappoint Hassan
Heikal as a Director. 395,044,399 91.28% 37,729,920 8.72% 432,774,319 871,499
------------------- ------- ----------- ------ ----------------- -------------
6. To reappoint Rashed
Al Jarwan as a Director. 395,898,574 91.30% 37,729,920 8.70% 433,628,494 17,324
------------------- ------- ----------- ------ ----------------- -------------
7. To reappoint Jyrki
Koskelo as a Director. 433,026,759 99.86% 601,735 0.14% 433,628,494 17,324
------------------- ------- ----------- ------ ----------------- -------------
8. To reappoint Lord
Anthony St John of Bletso
as a Director. 431,918,759 99.61% 1,712,235 0.39% 433,630,994 14,824
------------------- ------- ----------- ------ ----------------- -------------
9. To reappoint Deloitte
LLP as Auditor. 431,943,735 99.61% 1,700,044 0.39% 433,643,779 2,039
------------------- ------- ----------- ------ ----------------- -------------
10. To authorise the
Audit and Risk Committee,
for and on behalf of
the Directors, to agree
the Auditor's remuneration. 431,920,073 99.60% 1,723,706 0.40% 433,643,779 2,039
------------------- ------- ----------- ------ ----------------- -------------
11. To authorise the
Directors to allot securities
(s.551 of the Companies
Act 2006). 433,298,432 99.92% 342,562 0.08% 433,640,994 4,824
------------------- ------- ----------- ------ ----------------- -------------
12. To approve the GMS
Deferred Bonus plan 431,615,201 99.53% 2,025,793 0.47% 433,640,994 4,824
------------------- ------- ----------- ------ ----------------- -------------
13. To approve the amendment
to the percentage of
total dilutive share
awards under the LTIP. 394,779,129 91.04% 38,861,865 8.96% 433,640,994 4,824
------------------- ------- ----------- ------ ----------------- -------------
14. To approve the amendment
to grant the Executive
Chairman share awards
under the LTIP. 394,768,879 91.04% 38,862,115 8.96% 433,630,994 14,824
------------------- ------- ----------- ------ ----------------- -------------
15. To disapply pre-emption
rights (s.570 and s.573
of the Companies Act
2006)(3) . 431,897,064 99.60% 1,733,930 0.40% 433,630,994 14,824
------------------- ------- ----------- ------ ----------------- -------------
16. To disapply pre-emption
rights (s.570 and s.573
of the Companies Act
2006) up to a further
5% for acquisitions or
specified capital investments.
(3) 431,895,316 99.60% 1,745,678 0.40% 433,640,994 4,824
------------------- ------- ----------- ------ ----------------- -------------
17. To authorise the
Company to make market
purchases of its own
shares (s.701 of the
Companies Act 2006).(3) 433,316,158 99.92% 327,621 0.08% 433,643,779 2,039
------------------- ------- ----------- ------ ----------------- -------------
18. To authorise the
Directors to call general
meetings of the Company
(other than an annual
general meeting) on not
less than 14 clear days'
notice.(3) 433,328,779 99.93% 315,000 0.07% 433,643,779 2,039
------------------- ------- ----------- ------ ----------------- -------------
Notes:
1) Any proxy appointments giving discretion to the Chairman of
the Meeting have been included in the "For" totals above.
2) A vote "Withheld" is not a vote in law and is not counted in
the calculation of the votes "For" or "Against" a resolution.
3) Indicates special resolutions requiring a 75% majority of
votes cast in favour to be passed.
The Company's total ordinary shares in issue (total voting
rights) as at 30 June 2021 was 1,016,414,582 ordinary shares of 2
pence each. Ordinary shareholders are entitled to one vote per
ordinary share held. No shares were held in treasury.
The full text of the resolutions may be found in the notice of
the AGM, copies of which are available on both the Company's
website at www.gmsplc.com and on the National Storage Mechanism at
https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
.
In accordance with LR 9.6.2R, copies of all resolutions passed
at the AGM concerning items other than ordinary business have been
submitted to the National Storage Mechanism and will shortly be
available for inspection at
https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism
.
Enquiries: GMS
Mansour Al Alami, Executive
Chairman +44 (0) 207 603 1515
Celicourt Communications
Mark Antelme
Philip Dennis +44 (0)20 8434 2643
Gulf Marine Services PLC's Legal Entity Identifier is
213800IGS2QE89SAJF77
www.gmsplc.com
Disclaimer
The content of the Gulf Marine Services PLC website should not
be considered to form a part of or be incorporated into this
announcement.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
RAGSDSFESEFSELM
(END) Dow Jones Newswires
June 30, 2021 08:42 ET (12:42 GMT)
Gulf Marine Services (LSE:GMS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Gulf Marine Services (LSE:GMS)
Historical Stock Chart
From Apr 2023 to Apr 2024
