Aberforth clashes with Seafox on GMS board concerns

20% voted to support the board at its recent AGM

Mike Sheen
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Aberforth clashes with Seafox on GMS board concerns

Offshore oil and gas investor Seafox International has criticised Aberforth International for the reappointment of directors to the board of Gulf Marine Services (GMS), which the investment manager holds a 20% stake in.

GMS's 30 June AGM saw the reappointment to the board of ex-BAE CEO Mike Turner and CFO of Sunny Hill Energy David Blewden, despite the grievances raised by 30% stakeholder Seafox, which had been fighting...

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