Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeaway] 28/4/2019 12:53

30% concentration adds 42% to profit at t/o33% adds 50% let's hope gulf have theat manyhttps://www.gulfkeystone.com/investor-centre/shareholder-analysisBright Sphere add 400,000 between April 1 and April 15New " share holder analysis " on gkp website As at 15/4JP Morgan added around 460,000 betweenApril 1-15Then at 4.73%Expect a tr 1 over 5% from them soon37% AWOL Prob 5/6% max retail X30%plus in buyers or GULFS hands or BUYERSxxxx

[atino] 28/4/2019 12:51

hey 👋🏻 This is the official site for Bermuda Acts and Statutory Instruments.🚨;🙇 hxxp://www.bermudalaws.bm/SitePages/NotInForce.aspx



Now here are the “Current”; Laws, Not In Force 😤

- Adoption of Children Amendment Act 2011 In force 4 November 2013 except section 10(a) and (c)

-Bail Act 2005 - Sections 5, 7(13), and 8 not in force. All else in force 15 January 2006

- Bail Amendment Act 2010 - Section 4 not in force until Section 5 of Principal Act comes in force

- Banking (Special Resolution Regime) Act 2016 - Section 1 and 10 in force 19 December 2016. All else not in force

....💭㈑3;💭

👉🏻 Companies Amendment Act 2006 - Section 3 (referring to section 2B) not in force. All else in force 29 December 2006

👉🏻 ​Companies and Limited Liability Company (Beneficial Ownership) Amendment Act 2017

[chinese_takeaway] 28/4/2019 12:37

30% concentration adds 42% to profit at t/o33% adds 50% let's hope gulf have theat manyhttps://www.gulfkeystone.com/investor-centre/shareholder-analysisBright Sphere add 400,000 between April 1 and April 15New " share holder analysis " on gkp website As at 15/4JP Morgan added around 460,000 betweenApril 1-15Then at 4.73%Expect a tr 1 over 5% from them soon37% AWOL Prob 5/6% max retail X30%plus in buyers or GULFS hands or BUYERSxx

[chinese_takeaway] 28/4/2019 12:37

https://www.gulfkeystone.com/investor-centre/shareholder-analysis63% accounted for 37% AWOL curiously under Bermuda registration and listed on overseas exchanges nobody is compelled to disclose30% plus in BUYERS or GULFS hands , latter imo to concentrate holders at t/o profits Hargreaves Lansdowne biggest retail fell below 2.7% and fell out of top 10 known holders asBig banks and funds mop up Pre saleXxx

[atino] 28/4/2019 12:36

Bermuda’s central register of beneficial ownership information is held on the Bermuda Monetary Authority’s (BMA) “Integra portal”, a secure online registration and filing system. Currently, under Bermuda law, the information on the central register will not be publicly available. There is no indication that Bermuda’s Parliament would enact legislation to make such registers publicly available, in whole or part, unless and until public beneficial ownership registers become a ‘global standard’.

Following the most recent European Union (EU) Anti Money Laundering Directives (AMLDs) public beneficial ownership registers for certain entities have been introduced in certain jurisdictions, including the United Kingdom (UK), Denmark and Luxembourg. However it may be that a global standard for public beneficial ownership information is far from a foregone conclusion. Last year, against the wishes of the UK Government, the UK Parliament legislated to require its Secretary of State to no later than 31 December 2020 prepare a draft Order in Council requiring the government of any British Overseas Territory that has not introduced a publicly accessible register of beneficial ownership of companies to do so. The UK Government has indicated that, while it will introduce the order by this date, British Overseas Territories will have a further 3 years thereafter to comply.

Nevertheless, serious constitutional questions have arisen as to the extent which the UK Government can legally order the British Overseas Territories (such as Bermuda, the British Virgin Islands and the Cayman Islands) and Crown Dependencies (such as Jersey, Guernsey and the Isle of Man) to make their existing beneficial ownership registers publicly accessible.

These developments have provided another opportunity to further consider the Companies and Limited Liability Company (Beneficial Ownership) Amendment Act 2017 and the Partnership, Exempted Partnerships and Limited Partnership (Beneficial Ownership) Amendment Act 2018 (beneficial ownership legislation), alongside publications issued by Bermuda’s Ministry of Finance– including guidance notes issued on 8 January 2019 (Guidance) and guidance in respect of the Integra platform.

More broadly, the new deadline is also an opportunity to reflect upon and make further observations regarding the:

definition of ‘beneficial owner’
relationship between Bermuda’s exchange control legislation and beneficial ownership legislation
relationship between Bermuda’s beneficial ownership legislation and legal privilege
Integra portal
relationship between Bermuda’s privacy legislation and the beneficial ownership legislation
THE CORE OBLIGATIONS

As a recap, under Bermuda’s beneficial ownership legislation, companies (which for the purposes of this article shall also include limited liability companies) and partnerships established under Bermuda law that are not exempt from doing so are among other things required to:

take reasonable steps to identify ‘beneficial owners’ (which by definition are natural persons)
maintain and update a register of beneficial owners and ‘relevant legal entities’
file the minimum required information in respect of the beneficial owners with the BMA; and
file updated minimum required beneficial ownership information with the BMA (i.e. on the Integra platform) upon becoming aware (or being notified) of and verifying such changes.
The ‘minimum required information’ in respect of individuals primarily includes:

full name
residential address
nationality
date of birth; and
nature and extent of interest in the company or partnership.
EXEMPTIONS

The following entities and their ‘subsidiaries’ are exempt from the requirements under the beneficial ownership legislation:

companies or partnerships whose interests are listed on the Bermuda Stock Exchange or an ‘appointed exchange’
closed ended investment vehicles managed or administered by designated Bermuda licensed service providers
permit companies (i.e. overseas companies with a branch office in Bermuda); and
certain ‘financial institutions’ (essentially institutions licensed to carry on regulated activities in or form Bermuda).
Careful consideration may need to be given as to whether an entity is a ‘subsidiary217; of another entity for the purpose of the exemptions.

The beneficial ownership legislation also provides that it shall not be construed as requiring establishment of a new beneficial ownership register or filing of minimum required information if the minimum required information with respect to the company or partnership is already being kept and filed as the case may be, pursuant to another statutory provision. It appears that this would apply to information kept and filed under Bermuda’s exchange control legislation.

DEFINITION OF BENEFICIAL OWNER

The relevant definition of ‘beneficial owner’ in respect of companies within scope that are incorporated under the Companies Act 1981 (Companies Act) is as follows:

beneficial owner means—

(a) any individual or individuals who own or control more than 25% of the shares, voting rights or interests in the company through direct or indirect ownership thereof;

(b) if no such individual or individuals referred to in paragraph (a) exist or can be identified, any individual or individuals who control a company by other means

(c) if no such individual or individuals referred to in paragraphs (a) and (b) exist or can be identified, the individual who holds the position of senior manager of the company, and “beneficial ownership” shall be construed accordingly.

This tiered definition is largely influenced by the definition of ‘beneficial owner’ in respect of corporate entities contained in the Fourth EU AMLD. The definition does not, for example, specify who are considered the beneficial owners of a company in circumstances where a trust is included in the company’s ownership structure. While individuals holding certain interests or wielding significant powers under a trust might be considered beneficial owners of an underlying Bermuda company in certain cases, the beneficial ownership registers in place in Bermuda ought not be regarded as de-facto registers of trusts.

The definition of ‘beneficial owner’ in this context varies between the British Overseas Territories and Crown Dependencies who have implemented beneficial ownership legislation and differs from the UK definition of ‘person of significant control’ in relation to UK ‘PSC registers’. It also differs from the definition of ‘beneficial owner’ in Bermuda’s proceeds of crime and exchange control legislation.

hxxps://www.careyolsen.com/briefings/bermuda’s-beneficial-ownership-registers-and-privacy-status-update-and-further

[atino] 28/4/2019 12:34

🙇🙇🙇🙇8680;

Bermuda companies, limited liability companies and partnerships have until 30 April 2019 to update or verify beneficial ownership information under Bermuda’s ‘beneficial ownership legislation’ !!!

[chinese_takeaway] 28/4/2019 12:21

https://www.gulfkeystone.com/investor-centre/shareholder-analysis63% accounted for 37% AWOL curiously under Bermuda registration nobody is compelled to disclose30% plus in BUYERS or GULFS hands , latter imo to concentrate holders at t/o profits Hargreaves Lansdowne biggest retail fell below 2.7% and fell out of top 10 known holders asBig banks and funds mop up Pre saleXxx

[chinese_takeaway] 28/4/2019 12:18

30% concentration adds 42% to profit at t/o33% adds 50% let's hope gulf have theat manyhttps://www.gulfkeystone.com/investor-centre/shareholder-analysisBright Sphere add 400,000 between April 1 and April 15New " share holder analysis " on gkp website As at 15/4JP Morgan added around 460,000 betweenApril 1-15Then at 4.73%Expect a tr 1 over 5% from them soon37% AWOL Prob 5/6% max retail X30%plus in buyers or GULFS hands or BUYERS

[chinese_takeaway] 28/4/2019 12:16

https://www.gulfkeystone.com/investor-centre/shareholder-analysis63% accounted for 37% AWOL curiously under Bermuda registration nobody is compelled to disclose30% plus in BUYERS or GULFS hands , latter imo to concentrate holders at t/o profits Hargreaves Lansdowne biggest retail fell below 2.7% and fell out of top 10 known holders asBig banks and funds mop up Pre saleXx

[chinese_takeaway] 28/4/2019 12:16

Retail conned as usual as takeover nearshttps://www.gulfkeystone.com/investor-centre/shareholder-analysis63% accounted for 37% AWOL Big banks and funds mop up Pre saleX

[chinese_takeaway] 28/4/2019 12:16

https://www.gulfkeystone.com/investor-centre/shareholder-analysis63% accounted for 37% AWOL curiously under Bermuda registration nobody is compelled to disclose30% plus in BUYERS or GULFS hands , latter imo to concentrate holders at t/o profits Hargreaves Lansdowne biggest retail fell below 2.7% and fell out of top 10 known holders asBig banks and funds mop up Pre saleX

[atino] 28/4/2019 12:16

(Snippet) Principal Financial Group Inc. lowered its stake in shares of Brightsphere Investment Group PLC by 10.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission 🤔. The institutional investor owned 17,214 shares of the company’s stock after selling 2,051 shares during the quarter 🤔💭💭💭

[chinese_takeaway] 28/4/2019 12:15

Retail conned as usual as takeover nearshttps://www.gulfkeystone.com/investor-centre/shareholder-analysis63% accounted for 37% AWOL Big banks and funds mop up Pre sale

[chinese_takeaway] 28/4/2019 12:15

https://www.gulfkeystone.com/investor-centre/shareholder-analysis63% accounted for 37% AWOL curiously under Bermuda registration nobody is compelled to disclose30% plus in BUYERS or GULFS hands , latter imo to concentrate holders at t/o profits Hargreaves Lansdowne biggest retail fell below 2.7% and fell out of top 10 known holders asBig banks and funds mop up Pre sale

[atino] 28/4/2019 12:12

(Quote 25/4/19 🙇) “Analysts Estimate BrightSphere Investment Group (BSIG) to Report a Decline in Earnings:” 😳😕

The market expects BrightSphere Investment Group (BSIG) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2019 (...to be released 2 May 2019). This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

...Revenues are expected to be $207.30 million, down 17% from the year-ago quarter 🤔💭💭💭

[chinese_takeaway] 28/4/2019 12:07

30% concentration adds 42% to profit at t/o33% adds 50%Bright Sphere add 400,000 between April 1 and April 15New " share holder analysis " on gkp website As at 15/4JP Morgan added around 460,000 betweenApril 1-15Then at 4.73%Expect a tr 1 over 5% from them soon37% AWOL Prob 5/6% max retail X30%plus in buyers or GULFS hands or BUYERS

[chinese_takeaway] 28/4/2019 11:58

https://www.gulfkeystone.com/investor-centre/shareholder-analysis63% accounted for 37% AWOL Big banks and funds mop up Pre sale

[chinese_takeaway] 28/4/2019 11:58

https://twitter.com/Paul47293202/status/1122417914685079553?s=1937% in hiding :)Prob 5/6 retail max

[chinese_takeaway] 28/4/2019 11:57

Bright Sphere add 400,000 between April 1 and April 15New " share holder analysis " on gkp website As at 15/4JP Morgan added around 460,000 betweenApril 1-15Then at 4.73%Expect a tr 1 over 5% from them soon37% AWOL Prob 5/6% max retail X30%plus in buyers or GULFS hands or BUYERS

[stockport loser] 28/4/2019 11:57

Gkp goes by LSE rules agreed when it listed.
There are no hidden accounts.
37% - retail.

[chinese_takeaway] 28/4/2019 11:56

Bright Sphere add 400,000 between April 1 and April 15New " share holder analysis " on gkp website As at 15/4JP Morgan added around 460,000 betweenApril 1-15Then at 4.73%Expect a tr 1 over 5% from them soon37% AWOL Prob 5/6% max retail X30%plus in buyers or Gulfs hands

[stockport loser] 28/4/2019 11:52

So mug punter has gone from 15% to 37% in less than 3 years.
I'm guessing JF has been ordered to keep the 100k bop charade up for 3 more years as the remaining ii's get the hell out of Dodge.

[atino] 28/4/2019 11:50

...you could have been a “superintendent” 👮🏻‍♀️ 😜

[atino] 28/4/2019 11:48

Good morning Pensioner - thank you for your guidance 😇 much appreciated buddy.


I wonder who’s “Drilling Superintendent”; is this 💭💭😜 hxxps://www.linkedin.com/in/james-upshall-008b8830

SEE CHINA-MAN...I told you, I can help you out in your career!...this guy has only worked with GKP for 1 month...and he’s already making a name for himself & shouting it from the rooftops !😜 LOL