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.
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Name
|
Position
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Share Option Scheme
|
Options exercised
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Shares sold for tax
|
Shares retained
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Average price per share of sale (£)
|
Date of sale
|
Shareholding post transaction
|
Shareholding percentage post transaction (%)
|
|
Clare Kinahan
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CHRO
|
2014 LTIP
|
61,788
|
29,143
|
32,645
|
£1.255986
|
29-08-2024
|
Total – C. Kinahan
32,645
|
0.02
|
Enquiries:
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Gulf Keystone:
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+44 (0) 20 7514 1400
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Aaron Clark, Head of Investor Relations
& Corporate Communications
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|
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FTI Consulting
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+44 (0) 20 3727 1000
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Ben Brewerton
Nick Hennis
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or visit:
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
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.
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1
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Details of the person discharging managerial responsibilities / person closely associated
|
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a)
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Name
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Clare Kinahan
|
|
2
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Reason for the notification
|
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a)
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Position/status
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Chief HR Officer
|
|
b)
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Initial notification/Amendment
|
Initial notification
|
|
3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
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Name
|
Gulf Keystone Petroleum Limited
|
|
b)
|
LEI
|
213800QTAQOSSTNTPO15
|
|
4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
|
Common shares of $1.00 each in Gulf Keystone Petroleum Limited
ISIN: BMG4209G2077
|
|
b)
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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)
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Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0p
125.5986p
|
61,788
29,143
|
|
|
d)
|
Aggregated information
|
-
|
Aggregated volume
|
|
-
|
Price
|
|
-
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Total
|
|
|
Price(s)
|
Volume(s)
|
Total
|
|
0p
125.5986p
|
61,788
29,143
|
£0
£36,603.20
|
|
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e)
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Date of the transaction
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29 August 2024
|
|
f)
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Place of the transaction
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London Stock Exchange
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