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GMS covenants revised

09 August 2017 09:20

Gulf Marine Services has announced amendments to its bank facility agreement.

Chief executive Duncan Anderson said: "We are pleased to have the support of our banking syndicate and appreciate its confidence in our business.

"The covenant amendments provide us with the operational and financial flexibility to focus on executing our strategic plan and delivering significant efficiencies for our clients."

At 9:20am: (LON:GMS) Gulf Marine Services PLC share price was +1.5p at 41.75p

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