Gulf Keystone Petroleum Share Discussion Threads

[gkphero] 13/10/2016 15:36

Poison pills.........where are the poison pills ffs?

[rockefella] 13/10/2016 15:36

OO shares to be known within 14 days

[rjcdc] 13/10/2016 15:34

But you can't sell them for 14 days, is that right?

[lobo] 13/10/2016 15:34

Gulf Keystone is pleased to announce that the Scheme of Arrangement (the "Scheme") in connection with the Balance Sheet Restructuring Transaction (the "Restructuring") announced on 14 July 2016 became effective today. The expected settlement date for the Scheme is 14 October 2016.

In addition, the Company also announces Board changes, which take effect from today. David Thomas and Garrett Soden are appointed as Non-Executive Directors and Cuth McDowell steps down as Non-Executive Director from the Board at the same time.

Finally, the Company announces the appointment of Canaccord Genuity as sole corporate broker.


Admission of and commencement of dealing in 21,910,523,553 new common shares pursuant to the Open Offer and Debt Equitisation are expected to occur on 14 October 2016 (the "Admission date"). Qualifying Shareholders will be notified of their allocation of new common shares within 14 days of the Admission date. Due to the Open Offer being oversubscribed, certain applications made by Shareholders under the Excess Entitlements Facility were scaled back in accordance with the terms of the Open Offer. Excess funds in respect of applications that were not met in full will be returned to the applicant within 14 days of Admission.

[gkphero] 13/10/2016 15:34

Well done to all of them.

[forwood] 13/10/2016 15:33

How much have these bondholders effectively paid for the shares they have bought?

[shaftdrive1] 13/10/2016 15:33

Bit wet here today


Biblical downpours.. expect much of the same tomorrow.
Armageddon!

[withoutt] 13/10/2016 15:33

RNS out all done and dusted.

[gkphero] 13/10/2016 15:32

without, I have a large pile of cash coming here.

[rjcdc] 13/10/2016 15:31

Light. Off.

[withoutt] 13/10/2016 15:30

JB
I think your lucky they've done away with debtor prisons.😂

[gkphero] 13/10/2016 15:28

Why has Bob been here for 7 years joseki?

[joseki] 13/10/2016 15:27

The answers were in the Muppets Munch

[gkphero] 13/10/2016 15:25

How do I know this? ;D

[gkphero] 13/10/2016 15:24

I make the big bucks. ;D

[gkphero] 13/10/2016 15:24

GKP will be sold for at least £5 billion within 3 months imo.

Very happy with the end result here.

[mr roper] 13/10/2016 15:23

BD, the only way to profit from GKP was to be working for them.

[bigdog5] 13/10/2016 15:21

Oh dear, keep believing in the way of the Reverend as he knows his stuff. He's played you all as evidenced by his comments yesterday. You've believed him and the result is 1p. That's his "full value" that he encouraged you all to hold for. 7 years of predictions and stories from "senior industry sources" has resulted in 1p. How many of his stories and predictions did he get correct? But better times are coming he says and lists why. LOFL.

[gkphero] 13/10/2016 15:19

Jon F will be on his bike imo.

[gkphero] 13/10/2016 15:19

Pi's have done well to hold here.

The end is going to be very good imo.