Director / PDMR Shareholding

Gulf Keystone Petroleum Ltd (GKP) Director / PDMR Shareholding 22-Apr-2024 / 12:29 GMT/BST

 

22 April 2024

 

 

Gulf Keystone Petroleum Ltd. (LSE: GKP)

(“Gulf Keystone”, “GKP”, “the Group” or “the Company”)

 

Director / PDMR Shareholding

 

 

Gulf Keystone announces that it was informed on 19 April 2024 of the following transaction by persons discharging managerial responsibilities ("PDMR").

 

Mr Alasdair Robinson, Chief Legal Officer, exercised 26,408 vested nil-cost share options granted under the 2014 Long Term Incentive Plan ("LTIP"). Upon exercise, a proportion of the vested award was sold to pay the tax liability arising upon exercise, while the remainder was retained.

 

Name	Position	Share Option Scheme	Options exercised	Shares sold for tax	Shares retained	Average price per share of sale (£)	Date of sale	Shareholding post transaction	Shareholding percentage post transaction (%)
Alasdair Robinson	CLO	2014 LTIP	26,408	13,251	13,157	1.087	19-04-2024	Total – A. Robinson 163,157	0.07

 

 

 

Enquiries:

 

Gulf Keystone:	[phone]
Aaron Clark, Head of Investor Relations & Corporate Communications	[e-mail]
FTI Consulting	[phone]
Ben Brewerton Nick Hennis	[e-mail]

 

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

 

This notification is made in accordance with the Market Abuse Regulation. 

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alasdair Robinson
2	Reason for the notification
a)	Position/status	Chief Legal Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Gulf Keystone Petroleum Limited
b)	LEI	213800QTAQOSSTNTPO15
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument   Identification code	Common shares of $1.00 each in Gulf Keystone Petroleum Limited   ISIN: BMG4209G2077
b)	Nature of the transaction	Exercise of 26,408 Nil-cost options pursuant to 2014 LTIP (2021 award)   2.  Sale of 13,251 shares to cover tax liability
c)	Price(s) and volume(s)	Price(s) Volume(s) 0p 108.7p 26,408 13,251
d)	Aggregated information - Aggregated volume - Price - Total	Price(s) Volume(s)                     Total 0p 108.7p 26,408                          £0      13,251               £14,403.84
e)	Date of the transaction	19 April 2024
f)	Place of the transaction	London Stock Exchange

 

 

 

 

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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.:	317139
EQS News ID:	1886075

End of Announcement	EQS News Service