Gulf Keystone Petroleum Share Discussion Threads

[chinese_takeaway] 22/9/2019 09:57

I agree , error is most likely.Pretty shambolic!However 24hrs in a full day so any transfer / vesting post market close , could have occurred, either way should discover tomorrow pre open.

[2wakeywakey] 22/9/2019 09:49

If the options had vested on 20th September (and treasury shares were used to satisfy them) then I think the company would have been obliged to issue a Total Voting Rights RNS to inform the markets of the change in voting rights associated with the shares issued from Treasury to satisfy the vesting options (Treasury Shares also have no voting rights).

So it looks like it is just an error in the dividend declaration RNS to me (that should in theory be corrected).

[nestoframpers] 22/9/2019 09:30

USA sending more troops to ME.

[urals] 22/9/2019 08:42

https://twitter.com/Paul47293202/status/1175675585483464704?s=19

[stockport loser] 22/9/2019 07:55

Question is, what song was David going to sing on karaoke?Pet Shop Boys?

[bigdog5] 21/9/2019 23:33

It isn't sold:-)

It's just an ever giving trough.

Figured out where all the "missing" shares are yet?

[urals] 21/9/2019 20:54

Chinese, yep that's corporate nonsense on epic scale, or it's factual and the Co is sold. ......... Remarkable really Either a horrible error that Sami should be summarily dismissed for OR It's sold :)

[urals] 21/9/2019 20:50

HCL obviously does not need to come first for any corporate transaction. Smokescreen sideshow. Interesting Monday, as either that RNS is retracted, and amended.Or it's accurate, and Treasury stock now = 0Meaning an exit event.

[nestoframpers] 21/9/2019 20:43

Agree OAP , people are in a rush understandably after 10 years but HCL has to come 1st. Buyer might wait until the Iran scare has blown over now too.

[mcfly02] 21/9/2019 20:01

I see we have had a shift change at the Paul & Dave show 🤡🤡

[chinese_takeaway] 21/9/2019 19:46

From 3 lies WOW! Shares held in Treasury do not qualify for Dividend payments.I think someone maybe looking for a new job when they realise what has happened.There is absolutely no way IMHO that they should be using the ~229 million figure for the number of shares.On the other hand it could be that a principle that have been using for the past 40 years was based on flawed thinking and they are correct. ;).............OR ITS A CHANGE OF CONTROL :)one or the other

[chinese_takeaway] 21/9/2019 19:40

Remarkable really Either a horrible error that Sami should be summarily dismissed for OR It's sold :)

[chinese_takeaway] 21/9/2019 19:39

Twitter#GKPAgree. they use full issue "o/s" to arrive at that div/share figure,not ( full issue-minus ) Treasury.So either schoolboy error hence correction needed Monday.OR all the treasury shares have now vested=change of control. TBC @Gulf_Keystone @ashurst @CelicourtComms

[pensioner2] 21/9/2019 19:38

Calm down, C_T. I hope you're right but they might still have to wait for the O&G law as it's the buyer who will control events and they might not want to sign the cheque until all obstacles have been cleared.

[chinese_takeaway] 21/9/2019 19:36

Remarkable really Either a horrible error that Sami should be summarily dismissed for OR It's sold :)

[chinese_takeaway] 21/9/2019 19:36

Twitter#GKPAgree. they use full issue "o/s" to arrive at that div/share figure,not ( full issue-minus ) Treasury.So either schoolboy error hence correction needed Monday.OR all the treasury shares have now vested=change of control. TBC @Gulf_Keystone @ashurst @CelicourtComms

[bigdog5] 21/9/2019 19:34

Sami is already on his bike no doubt with the usual swag bag. Something else you've missed?

[chinese_takeaway] 21/9/2019 19:33

Twitter#GKPAgree. they use full issue "o/s" to arrive at that div/share figure,not ( full issue-minus ) Treasury.So either schoolboy error hence correction needed Monday.OR all the treasury shares have now vested=change of control. TBC @Gulf_Keystone @ashurst @CelicourtComms

[chinese_takeaway] 21/9/2019 19:30

Remarkable really Either a horrible error that Sami should be summarily dismissed for OR It's sold :)

[chinese_takeaway] 21/9/2019 19:30

Well you Definitely can't pay a dividend on shares held in Treasury.According to that RNS they are doing .So it's wrong and needs correcting , or an Exit event has occurred.Simple really, either Div payment RNS gets corrected pronto , or shares held in Treasury have now actually vested (EXIT EVENT =change of control) , hence no longer held in Treasury and all common shares in issue get their share of second tranche. https://twitter.com/Paul47293202/status/1175358348637736960?s=19https://twitter.com/GoodnightCharl1/status/1175367530556403712?s=19