By John Lee.
Shares in Gulf Keystone Petroleum (GKP) closed the day down 9.9 percent, following the announcement that the company has successfully raised $40.7 million through a conditional placing of shares at a price of 32 pence per share, a 21 percent discount to the previous market close.
The shares were placed through Mirabaud Securities and Pareto Securities.
The company has also announced thats Non-Executive Chairman Simon Murray is to retire from the Board; Andrew Simon, Senior Independent Director, will assume the role of Interim Non-Executive Chairman with immediate effect.
A search process for a new Non-Executive Chairman will now begin.
(Sources: GKP, Yahoo!)
GKP Slides on Share Placement: By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed the day down 21 per... http://t.co/p9m9GVynDS
GKP Slides on Share Placement http://t.co/Bj5mjmglRe #iraq
GKP Slides on Share Placement: By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed the day down 21 per... http://t.co/wLDnSM34Ks
DTN Iraq: GKP Slides on Share Placement: By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed the day d... http://t.co/nnvpvEGSMH
GKP Slides on Share Placement: By John Lee. Shares in Gulf Keystone Petroleum (GKP) closed the day down ... http://t.co/iPIFByabPY #Iraq
Where do you get that it closed down 21% ??
Suggest you check again
GKP Slides on Share Placement http://t.co/nHIBkT8kPc #Iraq
@A. Holden: Thanks, Yahoo had previously shown a drop of 21% for the day, but that is now revised and the article is amended accordingly.
- Editor.