GKP completes balance-sheet restructuring

Gulf Keystone confirms that the Scheme of Arrangement in connection with the Balance Sheet Restructuring Transaction announced on July 14 became effective today. The expected settlement date for the Scheme is Oct. 14.

In addition, it also announced 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 announced the appointment of Canaccord Genuity as sole corporate broker.

At 4:26pm: (LON:GKP) Gulf Keystone Petroleum share price was -0.28p at 1.28p

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