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GMS

-0.82%
NEUTRAL

Gulf Marine Services Grants Director Share Awards

Why we think this is neutral

This RNS announcement is a Director Dealings announcement, which does not fall under the mandatory news types specified. As a result, a neutral sentiment score is assigned.

Key Points

  • Gulf Marine Services grants share awards to Executive Chairman under Long-Term Incentive Plan and Deferred Share Bonus Plan
  • LTIP Awards of 3,289,770 shares and DSBP Awards of 271,403 shares granted, subject to vesting conditions and holding periods
  • Awards aligned with shareholder-approved Directors' Remuneration Policy

Summary

The offshore services company has granted share awards to its Executive Chairman under the company's Long-Term Incentive Plan and Deferred Share Bonus Plan.

Gulf Marine Services PLC has announced the grant of share awards to its Executive Chairman, Mansour Al Alami, under the company's Long-Term Incentive Plan and Deferred Share Bonus Plan. The awards include 3,289,770 LTIP Awards and 271,403 DSBP Awards, which are subject to various vesting conditions and holding periods. This is in line with the company's shareholder-approved Directors' Remuneration Policy.

DIRECTOR DEALINGS