Gulf Keystone Petroleum Ltd, BMG4209G2077

Director / PDMR Shareholding

21.06.2024 - 17:28:18

Director / PDMR Shareholding. Gulf Keystone Petroleum Ltd / BMG4209G2077

Gulf Keystone Petroleum Ltd (GKP)


21-Jun-2024 / 16:28 GMT/BST


    21 June 2024     Gulf Keystone Petroleum Ltd. (LSE: GKP) (“Gulf Keystone”, “GKP”, “the Group” or “the Company”)       Gulf Keystone announces that it was informed on 21 June 2024 of the following transaction by persons discharging managerial responsibilities ("PDMR").   Mr Gabriel Papineau-Legris, Chief Financial Officer, exercised 41,052 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 (%)
Gabriel Papineau-Legris CFO 2014 LTIP 41,052 19,363 21,689 1.520954 21-06-2024 Total – G. Papineau-Legris 441,689 0.2
    Enquiries:  
Gulf Keystone: +44 (0) 20 7514 1400  
Aaron Clark, Head of Investor Relations & Corporate Communications   aclark@gulfkeystone.com
FTI Consulting +44 (0) 20 3727 1000
Ben Brewerton Nick Hennis GKP@fticonsulting.com
  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 Gabriel Papineau-Legris
2 Reason for the notification
a) Position/status Chief Financial 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 41,052 Nil-cost options pursuant to 2014 LTIP (2021 award)   2.  Sale of 19,363 shares to cover tax liability 
c) Price(s) and volume(s)
Price(s) Volume(s)
0p 152.0954p 41,052 19,363
 
d) Aggregated information
- Aggregated volume
- Price
- Total
 
Price(s) Volume(s) Total
0p 152.0954p 41,052                 19,363                £0 £29,450.23
 
e) Date of the transaction 21 June 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.: 329581
EQS News ID: 1930931

 
End of Announcement EQS News Service

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