Gulf Keystone Petroleum announces appointment of Non-Executive Directors

Tuesday, September 3, 2013
  • Appointment of Andrew Henry Simon O.B.E. to the Board of Gulf Keystone (the "Board") as a Non-Executive Director with immediate effect.

Gulf Keystone is pleased to announce the appointment of Andrew Henry Simon O.B.E. to the Board of Gulf Keystone (the "Board") as a Non-Executive Director with immediate effect.

In addition, as approved by shareholders at the Company's Annual General Meeting, held on 25 July 2013, and following the completion of the AIM mandated due diligence process, the Company is pleased to announce the appointment of Messrs Jeremy Benjamin Gerald Asher, Thomas Counter Shull, John Bell and Philip Anthony Dimmock, to the Board as Non-Executive Directors, also with immediate effect.

Curriculum Vitae for each of these directors are available on the Company's website and the information to be disclosed pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies is set out below.

Mr Simon has extensive public company experience, having served on the boards of some of the UK's leading companies and is ideally placed to assist the Company as it seeks to move from AIM to the Standard Segment of the Official List later this year.

Mr Simon spent 23 years with the Evode Group Plc, including 2 years as the corporate planning director and 21 years as the Managing Director and Chairman. He holds an MBA from Wharton School of Finance in Philadelphia and has a diversified range of non-executive director and chairman positions. He is currently a Non-Executive Director of Travis Perkins Plc, a FTSE100 company where he is Chairman of the Remuneration and Health & Safety committees and a Non-Executive Director of Management Consulting Group Plc, where he is Chairman of the Remuneration Committee and a member of the Audit and Risk and the Nominations Committees.

In addition, Mr Simon has previously been Deputy Chairman of Dalkia Plc, and has also held non-executive directorships with Severn Trent Plc, Ibstock Plc, Laporte Plc, Associated British Ports Holdings Plc and Brake Bros Holdings Ltd.

The Company is continuing its previously announced search process, with the assistance of Odgers Berndtson, one of the UK's pre-eminent executive search firms, for at least one other independent non-executive director, and a further announcement on that process will be made in due course.

The Board is pleased to announce that Lord Guthrie, the Company's Non-Executive Director and Chairman of the Nominations Committee, has been appointed Deputy Chairman.

Commenting on today's announcement, Simon Murray, Independent Non-Executive Chairman, said:

"We are pleased to welcome our five new Non-Executive Directors to the Board.

We are firmly focused on completing the move from AIM to the Standard Segment of the Official List before the year end. I have great confidence in the ability of this enlarged, balanced and united Board to complete this move and to continue developing the Company in the interests of all our shareholders. Under the guidance of Lord Guthrie, Deputy Chairman of the Company and Chairman of the Nominations Committee, we look forward to appointing one additional Non-Executive Director in due course."

Pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies, the following information in respect of each of the Non-Executive Directors is disclosed:

Andrew Henry Simon O.B.E., aged 68, is or has been a director or member of the following companies or partnerships during the previous five years:

Current directorships

Past directorships within the last 5 years

Travis Perkins PLC

Dalkia plc

Finning International Inc., Vancouver

Icon Infrastructure LLP

Management Consulting Group plc



SGL Carbon SE, Wiesbaden



Exova Group plc



Icon Infrastructure Management Ltd



Hildegard Simon Memorial Trust Limited



BCA Osprey I Limited



Kurt Salmon Associes France



Simon Consultancy Ltd



Jeremy Benjamin Gerald Asher, aged 55, is or has been a director or member of the following companies or partnerships during the previous five years:

Current directorships

Past directorships within the last 5 years

Tower Resources Plc

Gulf Keystone Petroleum Ltd

Tower Resources (Namibia) Limited

Process Systems Enterprise Ltd

Pacific Drilling SA

Better Place LLC

Agile Energy Limited

Better Place Danmark AS

Better Place BV

Ingenious Film Partners LLP

Inside Track 2 LLP

Ingenious Film Partners 2 LLP

SCI Rus in Urbis



Mr Asher currently holds directly 15,200,000 common shares of USD 0.01 in the Company, representing approximately 1.71 per cent. of the Company's issued share capital.

Thomas Counter Shull, aged 62, is or has been a director or member of the following companies or partnerships during the previous five years:

Current directorships

Past directorships within the last 5 years

Army & Air Force Exchange Service

Meridian Ventures LLC



Zale Corporation

Philip Anthony Dimmock, aged 66, is or has been a director or member of the following companies or partnerships during the previous five years:

Current directorships

Past directorships within the last 5 years

Georgian Energy Ltd

Nautical Petroleum PLC

Africa Oil Exploration Ltd

Equator Exploration Limited



GX Petroleum Limited

John Bell, aged 47, is or has been a director or member of the following companies or partnerships during the previous five years:

Current directorships

Past directorships within the last 5 years

Babylon Petroleum Ltd

Petro Canada NANE New Ventures B.V.

Amira KPO Limited

Petro Canada Palmyra B.V.

Amira KPO Middle East Limited



Easiwash UK Limited



There is no further information to be disclosed pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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