Gulf Keystone Petroleum Share Discussion Threads

[hydrocarbon1] 20/6/2024 11:11

FT - NO NO NO- Take that to the bank repetitive clown.
We know you are hoping it happens so you can proudly stick your chest out. What about all the times you have been deflated? Oh and had to change identities

[furenstaurus] 20/6/2024 11:02

#gkp #gkptakeover
Hard to be sure when @Gulf_Keystone will RNS sale?
Could be tomorrow, but I suspect CEO stay bonus award + workforce reward + retention program first + a real off mkt buyback RNS
@HSFlegal run legal timeline no doubt have it appropriately choreographed.

[mmt1] 20/6/2024 10:47

I didn't say that... I might have thought it...

[ptmorris1] 20/6/2024 10:34

mmt1 20 Jun '24 - 10:25 - 706768 of 706770

Neither of the two leaders really want to be PM with the upcoming upheaval with the war in Ukraine, Saudi Arabia wanting to join BRICS and no longer being bound by the 50 year agreement of having to use US Dollars to trade oil et al.

[hydrocarbon1] 20/6/2024 10:29

4.30 off out now.

[hydrocarbon1] 20/6/2024 10:28

Dedhead- No that was me.😊

[mmt1] 20/6/2024 10:25

God help these Torys! I reckon they must have a death wish...

[redbed] 20/6/2024 10:09

60,168 139.6BuyCould be us

[hangthedj] 20/6/2024 09:48

Can't recall how to post images but here's link to the 5dma chart for past 2 months.

[1waving] 20/6/2024 09:43

.
GB News interviewing Prof Matthew Goodwin on new poll.


"The headline numbers are Labour 35%, Reform 24%. Conservatives 15%, Lib Dems, 12%.

“This is higher than the previous peak we've had for Reform with YouGov on 19. This is Reform going up to 24. Let me explain what I think is going on here.



Video clip of interview included in link

.

[nestoframpers] 20/6/2024 09:42

Since consolidation accumulation has been quietly churning away .

[worldquant] 20/6/2024 09:19

#gkp #gkptakeover
Update.
Last day of stabilisation program.
The yanks had a little attempted drill yesterday PM - rebuffed.
$4.7m artillery available today - might be sporty in mkt today!
Tomorrow ????
🤑

STABILISATION BUYBACK DETAILS HERE

[redbed] 20/6/2024 09:16

That's completely incorrect.The buyback execution program specifically states they are working outside sage harbor MAR rules and forego the exemption.This is because they need to stop bad actors trying to crash the market pre takeover RNS.Its why we get to the last day of the process and they still have 4.7m available to prevent flash crash.

[shortsqueezer] 20/6/2024 09:12

Yep. Bless it gets hammered down below the prior 5 days average then they can buy as many as they like until the price rises above it again. As I see it.

[hangthedj] 20/6/2024 09:07

Thanks mmt1 - seems there are quite a few buyback conditions which explains why they can't just buy a huge amount every day to spend the allocated $10m, which makes sense.

Price has to be around or below the 5 day moving average in simple terms is my understanding.

[gazebo79] 20/6/2024 09:05

Thanks for both posts.not affecting my stance.here for eternity lol. Sooner would be much appreciated though.Gl

[mmt1] 20/6/2024 08:55

Notice of Annual General Meeting
To the holders of Common Shares
Gulf Keystone Petroleum Limited
(incorporated and registered in Bermuda under registration number 31165)
Notice is hereby given that the 2024 Annual General Meeting of Gulf Keystone Petroleum Limited (the “Company”;) will be held via webcast on
21 June 2024 at 9 a.m. (BST) for the following purposes:
A. To receive the financial statements of the Company together with the auditor’s report thereon in respect of the year ended 31 December 2023
in accordance with the Bermuda Companies Act 1981.
B. To consider and, if thought fit, to approve the following Resolutions:
Ordinary Resolutions
Resolution 1
THAT BDO LLP be re-appointed as the Company’s auditor to hold office from the close of this meeting until the close of the Company’s next
annual general meeting and that the Board of Directors be authorised to determine the auditor’s remuneration.
Resolution 2
THAT Mr Martin Angle be and is hereby re-appointed as a Director in accordance with the Bye-laws.
Resolution 3
THAT Mr Julien Balkany be and is hereby appointed as a Director in accordance with the Bye-laws.
Resolution 4
THAT Ms Wanda Mwaura be and is hereby re-appointed as a Director in accordance with the Bye-laws.
Resolution 5
THAT Mr David Thomas be and is hereby re-appointed as a Director in accordance with the Bye-laws.
Resolution 6
THAT Mr Jon Harris be and is hereby re-appointed as a Director in accordance with the Bye-laws.
Resolution 7
THAT Mr Gabriel Papineau-Legris be and is hereby appointed as a Director in accordance with the Bye-laws.
Resolution 8
THAT the Directors’ Remuneration Report as set out in the Annual Report for the year ended 31 December 2023 be and is hereby approved.
Resolution 9
THAT the Company be generally and unconditionally authorised to make market purchases of its Common Shares in such manner as the
Directors shall from time to time determine, provided that:
(i) the maximum aggregate number of Common Shares hereby authorised to be purchased is 22,269,865 (representing approximately
10% of the aggregate issued Ordinary Share capital of the Company as at 14 May 2024);
(ii) the maximum price (exclusive of any expenses) which may be paid for a Common Share is not more than the higher of:
(a) an amount equal to 5% above the average of the middle market quotations of the Common Shares in the Company (as derived
from the London Stock Exchange Daily Official List) for the five business days immediately preceding the date on which that
Common Share is contracted to be purchased; and
(b) an amount equal to the higher of:
(i) the price of the last independent trade of a Common Share;
(ii) the highest current independent bid for a Common Share on the London Stock Exchange at the time the purchase is
carried out, as derived from the London Stock Exchange Trading System; and
(iii) such authority shall expire (unless otherwise renewed, varied or revoked by the Company in a general meeting) at the
conclusion of the AGM of the Company in 2025 except that the Company may at any time prior to the expiry of such
authority make a contract or contracts to purchase Common Shares which will or might be completed or executed
wholly or partly after the expiration of such authority and may make a purchase of Common Shares in pursuance of any
such contract or contracts and may hold as Treasury Shares any Common Shares purchased pursuant to the authority
conferred in this resolution.
Ordinary Resolutions continued
Resolution 10
THAT the rules of the Gulf Keystone Petroleum 2024 Long Term Incentive Plan (the “LTIP”) are approved, in the form produced to the AGM and
initialled by the Chair for the purposes of identification (a summary of which is set out in the Appendix).
Resolution 11
THAT the rules of the Gulf Keystone Petroleum 2024 Deferred Bonus Plan (the “DBP”) are approved, in the form produced to the AGM and
initialled by the Chair for the purposes of identification (a summary of which is set out in the Appendix).
Resolution 12
THAT the Directors’ Remuneration Policy approved by shareholders in 2022 and described on pages 97 to 111 of the Annual Report of the
Company for the year ended 31 December 2023 be amended to permit a one-off retention award to the Chief Executive Officer in January 2025.
By Order of the Board
Mr Martin Angle
Non-Executive Chairman
Gulf Keystone Petroleum Limited
Cedar House, 3rd Floor
41 Cedar Avenue
PO Box HM 1561
Hamilton, HM12

[herbertsmithfreehills] 20/6/2024 08:50

I dont know.They may announce the sale, but I suspect they may want to issue the CEO stay bonus , along with the workforce reward and retention scheme , tomorrow or early next week.If the buyback continues I expect them to throw more cash at it, and actually use it properly.As we can see so far buying 1.3% of stock has lifted the share price 18%.If they really were buying ( not stabilisation) the share price would absolutely rocket, as they may want to spend a few weeks getting the share price into double figures.That may be undoable legally, hence I am in two minds as it would also make sense that sale IS announced tomorrow, but they may need to suspend trading , until after the AGM ,plus option awards.

[gazebo79] 20/6/2024 08:48

Thanks.as long as they are cancelled.

[mmt1] 20/6/2024 08:45

Gazebo79: its in the AGM - it'll continue indefinitely.... :))) let me look up the resolution

[mmt1] 20/6/2024 08:43

kurdman: check messages...

[gazebo79] 20/6/2024 08:42

Herbert.Are you expecting the buyback(a new buyback) to continue after the agm. Yes or No?

[mmt1] 20/6/2024 08:35

got any links?