Gulf Keystone Petroleum Ltd. Notice of Special General Meeting (1060F)
November 10 2015 - 1:00AM
UK Regulatory
TIDMGKP
RNS Number : 1060F
Gulf Keystone Petroleum Ltd.
10 November 2015
Not for release, publication or distribution, directly or
indirectly, in whole or in part in or into the United States or any
jurisdiction other than the United Kingdom and Bermuda where to do
so would constitute a contravention of the relevant laws or
regulations of such jurisdiction. This announcement (and the
information contained herein) does not contain or constitute an
offer to sell or the solicitation of an offer to purchase, nor
shall there be any sale of securities in any jurisdiction where
such offer, solicitation or sale would constitute a contravention
of the relevant laws or regulations of such jurisdiction.
10 November 2015
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone" or "the Company")
Notice of Special General Meeting
Gulf Keystone Petroleum announces today that a special general
meeting of the shareholders of the Company ("SGM") will be held on
8 December 2015 to approve proposed amendments to certain
provisions of the Company's bye-laws ("Bye-laws").
The Bye-laws contain certain provisions that, among other
things, (a) restrict the ability of the Company to appoint
directors who are UK residents, (b) limit the ability for the board
of directors of the Company (the "Board") to act, in meeting, in
circumstances where a majority of the directors present at such
meeting are UK residents and (c) require the chairman of the Board
to not be resident in the UK.
The Board wishes to remove these restrictions in order to enable
the Company to identify and appoint suitably qualified and
experienced persons to the Board, regardless of whether they are UK
residents or not, and to remove the restrictions on the ability of
the Board to conduct meetings.
The Board therefore recommends amending the provisions of the
Bye-laws to remove the UK resident restrictions, which requires the
convening of a SGM and the Resolution being voted upon.
Details of the proposed amendments are set out in full in the
Notice of SGM and a copy of the proposed revised bye-laws can be
obtained by visiting the website of the Company at
www.gulfkeystone.com.
The SGM will take place at Hotel Pullman Brussels Centre Midi,
Place Victor Horta 1, 1060 Brussels, Belgium on 8 December 2015 at
12 noon (local time).
The Notice of the SGM is being posted to shareholders today.
Enquiries:
Gulf Keystone Petroleum: +44 (0) 20 7514 1400
Anastasia Vvedenskaya, Head
of Investor Relations +44 (0) 20 7514 1411
Celicourt Communications: +44(0) 20 7520 9266
Mark Antelme
Jimmy Lea
or visit: www.gulfkeystone.com
Notes to Editors:
-- Gulf Keystone Petroleum Ltd. (LSE: GKP) is an independent oil
and gas exploration and production company with operations in the
Kurdistan Region of Iraq.
-- Gulf Keystone Petroleum International (GKPI) holds Production
Sharing Contracts for four exploration blocks in Kurdistan, the
Shaikan, Sheikh Adi, Ber Bahr and Akri-Bijeel blocks.
-- GKPI is the operator of the Shaikan block, which is a major
commercial discovery, with a working interest of 75% and is
partnered with MOL Kalegran Limited (a 100% subsidiary of MOL
Hungarian Oil and Gas plc.) and Texas Keystone Inc., which have
working interests of 20% and 5% respectively.
-- Following the establishment of a regular payment cycle for
all oil sales and arrears, Gulf Keystone plans to move into the
large-scale phased development of the Shaikan field targeting
100,000 bopd of production capacity during Phase 1 of the Shaikan
Field Development Plan.
Disclaimer
This announcement contains certain forward-looking statements.
These statements are made by the Company's Directors in good faith
based on the information available to them up to the time of their
approval of this announcement but such statements should be treated
with caution due to inherent uncertainties, including both economic
and business factors, underlying such forward-looking information.
This announcement has been prepared solely to provide additional
information to shareholders to assess the Group's strategies and
the potential for those strategies to succeed. This announcement
should not be relied on by any other party or for any other
purpose.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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