Director/PDMR Shareholding

RNS Number : 9708A

Gulf Keystone Petroleum Ltd

09 February 2011

 



Not for release, publication or distribution in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction.

9 February 2011

Gulf Keystone Petroleum Ltd. (AIM: GKP)

("Gulf Keystone" or "the Company")

Director Sale of Shares

Gulf Keystone Petroleum Limited (AIM: GKP) announces it received notification on 9^th February 2011 that on 9th February 2011:

Mr Ewen Ainsworth, an executive director of the Company, and his wife Mrs Angela Ainsworth sold 240,000 common shares of USD 0.01 at an average price of £1.8487 per share.  

Mr John Gerstenlauer, an executive director of the Company, sold 300,000 common shares of USD 0.01 at an average price of £1.8494 per share. 

Following the sale of the common shares the interests of the two directors in the share capital of the Company are as follows:

		Common shares		Number of Options over
	Common shares	held beneficially by the	% of enlarged	common shares under
	held directly	Employee Benefit Trust	issued share capital	the Share Option Plan
John Gerstenlauer	0	231,777	0.03%	4,792,295
Ewen Ainsworth	597,187*	640,110	0.16%	3,792,295
* includes 42,500 common shares owned beneficially by Mrs Angela Ainsworth

Enquiries:

Gulf Keystone Petroleum:	[phone]
Todd Kozel, Executive Chairman
Ewen Ainsworth, Chief Financial Officer
Strand Hanson Limited	[phone]
Simon Raggett / Rory Murphy / James Harris
Mirabaud Securities LLP	[phone]
Peter Krens
Pelham Bell Pottinger James Henderson / Mark Antelme	[phone]

or visit: www.gulfkeystone.com

Notes to Editors:

§	Gulf Keystone Petroleum Ltd. (AIM: GKP) is an independent oil and gas exploration company focused on exploration in the Kurdistan Region of Iraq.
§	Gulf Keystone Petroleum International (GKPI) holds Production Sharing Contracts for four exploration blocks in Kurdistan. The Company is currently carrying out an active appraisal and exploration drilling campaign in Kurdistan, including work to fully understand the scale of the world class Shaikan field discovered in 2009

Not for release, publication or distribution, directly or indirectly, in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction. This document (and the information contained herein) does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.

 

END

 

 

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