Gulf Keystone Petroleum Ltd (GKP)
Director / PDMR Shareholding
30-Aug-2024 / 10:45 GMT/BST
30 August 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 29 August 2024 of the following transaction by persons discharging managerial responsibilities ("PDMR").
Clare Kinahan, Chief HR Officer, exercised 61,788 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 (%)
Clare Kinahan
CHRO
2014 LTIP
61,788
29,143
32,645
£1.255986
29-08-2024
Total – C. Kinahan
32,645
0.02
Enquiries:
Gulf Keystone:
+44 (0) 20 7514 1400
Aaron Clark, Head of Investor Relations
Corporate Communications
FTI Consulting
+44 (0) 20 3727 1000
Ben Brewerton
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
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
Clare Kinahan
2
Reason for the notification
a)
Position/status
Chief HR 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 61,788 Nil-cost options pursuant to 2014 LTIP (2021 award)
2. Sale of 29,143 shares to cover tax liability
c)
Price(s) and volume(s)
Price(s)
Volume(s)
0p
125.5986p
61,788
29,143
d)
Aggregated information
-
Aggregated volume
-
Price
-
Total
Price(s)
Volume(s)
Total
0p
125.5986p
61,788
29,143
£0
£36,603.20
e)
Date of the transaction
29 August 2024
f)
Place of the transaction
London Stock Exchange
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
ISIN: BMG4209G2077 Category Code: MSCM TIDM: GKP LEI Code: 213800QTAQOSSTNTPO15 Sequence No.: 343985 EQS News ID: 1978767
End of Announcement EQS News Service