Gulf Keystone Petroleum Ltd (GKP) Result of AGM 16-Jun-2023 /
12:00 GMT/BST
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16 June 2023
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone", "GKP" or "the Company")
Result of Annual General Meeting
The Board of Gulf Keystone is pleased to announce that all the
resolutions proposed at the Company's Annual General Meeting
("AGM") held today at 10 A.M (CET) via webcast, were duly passed by
shareholders.
The results of the AGM are as follows:
VOTES % of VOTES
RESOLUTION VOTES FOR % AGAINST % VOTES TOTAL ISC WITHHELD
VOTED
1. THAT BDO LLP be appointed as the
Company's auditor to hold office from the close
of this meeting until the close of the Company's 107,099,352 99.87% 142,982 0.13% 107,242,334 48.21% 9,318
next annual general meeting and that the Board
of Directors be authorised to determine the
auditor's remuneration.
2. THAT Mr Martin Angle, be and is hereby
re-appointed as a Director in accordance with 105,320,579 98.26% 1,861,661 1.74% 107,182,240 48.18% 69,412
the Bye-laws.
3. THAT Ms Kimberley Wood, be and is
hereby re-appointed as a Director in accordance 105,579,391 98.50% 1,602,849 1.50% 107,182,240 48.18% 69,318
with the Bye-laws.
4. THAT Ms Wanda Mwaura, be and is hereby
appointed as a Director in accordance with the 107,059,895 99.83% 178,646 0.17% 107,238,541 48.21% 13,111
Bye-laws.
5. THAT Mr David Thomas, be and is hereby
re-appointed as a Director in accordance with 106,070,150 98.78% 1,310,874 1.22% 107,381,024 48.27% 13,153
the Bye-laws.
6. THAT Mr Jon Harris be and is hereby
appointed as a Director in accordance with the 106,040,268 98.88% 1,202,066 1.12% 107,242,334 48.21% 9,318
Bye-laws.
7. THAT Mr Ian Weatherdon, be and is
hereby re-appointed as a Director in accordance 62,922,575 58.68% 44,315,924 41.32% 107,238,499 48.21% 13,153
with the Bye-laws.
8. THAT the Directors' Remuneration
Report as set out in the Annual Report for the 64,058,721 59.66% 43,311,067 40.34% 107,369,788 48.27% 24,389
year ended 31 December 2022 be and is hereby
approved.
9. THAT the Company be generally and
unconditionally authorised to make market 106,645,228 99.53% 499,499 0.47% 107,144,727 48.17% 106,925
purchases of its Common Shares.
10. THAT the Bye-laws be amended pursuant 73,860,203 98.82% 881,986 1.18% 74,742,189 33.60% 32,651,988
to Byelaw 166.
The Board notes that Resolutions 7 and 8 were duly passed but
did not attain the support of more than 80% of shareholders who
voted. As set out in provision 4 of the 2018 UK Corporate
Governance Code, the Board will consult and engage with the
Company's shareholders as appropriate and will provide an update
within six months of the AGM.
Regarding resolutions 7 and 8, substantially all the votes
against were from two shareholders in each case. The Board
continues to hold every confidence in the Chief Financial Officer,
recognising the value and contribution he brings to the Company.
The Board continually strives to ensure its remuneration policies
support the Company's strategy and are in line with market
practices and remains committed to soliciting input from
shareholders.
Enquiries:
Gulf Keystone: +44 (0) 20 7514 1400
Aaron Clark, Head of Investor Relations aclark@gulfkeystone.com
FTI Consulting: + 44 (0) 20 3727 1000
Ben Brewerton
gkp@fticonsulting.com
Nick Hennis
or visit: www.gulfkeystone.com
Notes to Editors:
Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent
operator and producer in the Kurdistan Region of Iraq. Further
information on Gulf Keystone is available on its website
www.gulfkeystone.com
Disclaimer
This announcement contains certain forward-looking statements
that are subject to the risks and uncertainties associated with the
oil & gas exploration and production business. These statements
are made by the Company and its 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 risks and uncertainties, including both
economic and business factors and/or factors beyond the Company's
control or within the Company's control where, for example, the
Company decides on a change of plan or strategy. 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.
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Dissemination of a Regulatory Announcement, transmitted by EQS
Group. The issuer is solely responsible for the content of this
announcement.
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ISIN: BMG4209G2077
Category Code: MSCM
TIDM: GKP
LEI Code: 213800QTAQOSSTNTPO15
Sequence No.: 251602
EQS News ID: 1659351
End of Announcement EQS News Service
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