Gulf Marine Services sets offer price at 135 pence for IPO

LONDON, March 14 Fri Mar 14, 2014 3:06am EDT

Related Topics

LONDON, March 14 (Reuters) - Abu Dhabi-based Gulf Marine Services set the price for its flotation at 135 pence per share on Friday, giving the firm a market capitalisation of around 472 million pounds ($787.1 million).

GMS expects to raise 66.9 million pounds in total from the offer, with conditional trading opening at 0800 GMT on March 19.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.