Director/PDMR Shareholding

RNS Number : 5790L

Gulf Keystone Petroleum Ltd.

01 May 2020

 

 1 May 2020

Gulf Keystone Petroleum Limited (LSE: GKP)

("Gulf Keystone" or "the Company")

Director/PDMR Shareholding

Gulf Keystone announces that it was informed on 30^th April 2020 of the following transactions by persons discharging managerial responsibilities and persons closely associated with them.

Mr Ian Weatherdon , Chief Financial Officer, purchased 50,112 common shares in Gulf Keystone Petroleum Limited on 30 April 2020 at a price of 79.8p per share.  In total Mr Weatherdon owns 50,112 common shares in the Company representing 0.024% of the issued share capital.

Mr Gabriel Papineau-Legris , Chief Commercial Officer, purchased 20,000 common shares in Gulf Keystone Petroleum Limited on 30 April 2020 at an average price of 84.225p per share.  In total Mr Papineau-Legris owns 30,000 common shares in the Company representing 0.014% of the issued share capital.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ian Weatherdon
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	Acquisition
c)	Price(s) and volume(s)	Price(s) Volume(s) 79.8p  50,112
d)	Aggregated information - Aggregated volume - Price	(single transaction) 50,112 79.8p
e)	Date of the transaction	30 April 2020
f)	Place of the transaction	London

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 Commercial 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	Acquisition
c)	Price(s) and volume(s)	Price(s) Volume(s) 84.900 84.500 84.092  1,525 3,475 15,000
d)	Aggregated information - Aggregated volume - Price	20,000 84.225p
e)	Date of the transaction	30 April 2020
f)	Place of the transaction	London

Enquiries:

Celicourt Communications:	+ 44(0) 20 8434 2754
Mark Antelme Jimmy Lea

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

Disclaimer

This announcement contains certain forward-looking statements that are subject to the risks and uncertainties associated with the oil & gas exploration and production business.  These statements are made by the Company and its Directors in good faith based on the information available to them up to the time of their approval of this announcement but such statements should be treated with caution due to inherent risks and uncertainties, including both economic and business factors and/or factors beyond the Company's control or within the Company's control where, for example, the Company decides on a change of plan or strategy.  This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed.  This announcement should not be relied on by any other party or for any other purpose.

 

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