|
FOR IMMEDIATE RELEASE |
2 October 2024 |
Gulf Marine Services PLC
(the "Company")
Holding(s) in Company
The Company has been notified that as part of an internal restructuring, Mazrui Investments LLC is transferring its existing shareholding in the Company to its parent company MZI Holding Limited. Mazrui Investments LLC is 100% owned by MZI Holding Limited.
Accordingly, the Company has received the following TR-1 notification which is set out below without amendment.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BJVWTM27
Issuer Name
GULF MARINE SERVICES PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
Other
Comments
Mazrui Investments LLC is transferring its existing shareholding in the Company to its parent company MZI Holding Limited. Mazrui Investments LLC is 100% owned by MZI Holding Limited.
3. Details of person subject to the notification obligation
Name
MZI Holding Limited
City of registered office (if applicable)
Al Reem Island
Country of registered office (if applicable)
United Arab Emirates
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
24-Sep-2024
6. Date on which Issuer notified
02-Oct-2024
7. Total positions of person(s) subject to the notification obligation
|
| % of voting rights attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| Resulting situation on the date on which threshold was crossed or reached | 24.460000 | 0.000000 | 24.460000 | 261680095 |
| Position of previous notification (if applicable) | | | | |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00BJVWTM27 | 261680095 | | 24.460000 | |
| Sub Total 8.A | 261680095 | 24.460000% | ||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
|
| | | | |
| Sub Total 8.B1 | | | | |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
|
| | | | | |
| Sub Total 8.B2 | | | | ||
9. Information in relation to the person subject to the notification obligation
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
| Ultimate controlling person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold |
|
| | | | |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional Information
Mazrui Investments LLC is transferring its existing shareholding in the Company to its parent company MZI Holding Limited. Mazrui Investments LLC is 100% owned by MZI Holding Limited.
12. Date of Completion
13. Place Of Completion
Abu Dhabi, United Arab Emirates
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