Transaction in Own Shares

RNS Number : 5985F

Gulf Keystone Petroleum Ltd.

15 July 2019

 

15 July 2019

Gulf Keystone Petroleum Ltd. (LSE: GKP)

("Gulf Keystone", "GKP" or "the Company")

Transaction in Own Shares

Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq, announces that it has made the following redemptions pursuant to the share buyback programme (the "Programme") announced on 8 July 2019.

Date of purchase	15 July 2019
Number of Ordinary Shares purchased	141,500
Highest price paid per Ordinary Share	233.000 pence
Lowest price paid per Ordinary Shares	226.500 pence
Volume weighted average price per Ordinary Share	228.855 pence

Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 652,473 Ordinary shares are held in Treasury. For reporting under the FCA's Disclosure and Transparency Rules, Shareholders should exclude any shares held in Treasury and should use the figure of 228,777,093 Ordinary Shares (the issued voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Programme.

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by the Company, which were all executed through the Company's broker, Canaccord Genuity Limited, are set out below:

Individual transactions:

Number of shares purchased	Transaction price (pence per share)	Time of transaction	Trading venue
712	233.00	08:35:59	London Stock Exchange
120	233.00	08:35:59	London Stock Exchange
855	233.00	08:35:59	London Stock Exchange
1,545	233.00	08:35:59	London Stock Exchange
47	233.00	08:35:59	London Stock Exchange
6,721	233.00	08:35:59	London Stock Exchange
15,000	229.50	09:21:40	London Stock Exchange
946	229.50	09:58:37	London Stock Exchange
764	229.50	10:07:35	London Stock Exchange
745	229.50	10:07:35	London Stock Exchange
6,495	229.50	10:07:35	London Stock Exchange
855	229.50	11:37:28	London Stock Exchange
6,241	229.50	11:37:28	London Stock Exchange
832	229.50	11:37:28	London Stock Exchange
2,072	229.50	11:37:28	London Stock Exchange
1,050	229.00	09:46:19	London Stock Exchange
1	229.00	14:02:12	London Stock Exchange
10,000	229.00	14:09:57	London Stock Exchange
600	229.00	14:09:57	London Stock Exchange
1,709	229.00	14:09:57	London Stock Exchange
1,064	229.00	14:09:57	London Stock Exchange
909	229.00	14:09:57	London Stock Exchange
5,518	229.00	14:09:57	London Stock Exchange
199	229.00	14:09:57	London Stock Exchange
2,500	229.00	14:38:45	London Stock Exchange
5,957	229.00	14:38:45	London Stock Exchange
1,035	229.00	14:38:45	London Stock Exchange
527	229.00	14:38:45	London Stock Exchange
449	229.00	14:38:45	London Stock Exchange
815	229.00	14:38:45	London Stock Exchange
500	229.00	14:38:45	London Stock Exchange
293	229.00	14:38:45	London Stock Exchange
1,809	229.00	14:38:45	London Stock Exchange
890	229.00	14:38:45	London Stock Exchange
434	229.00	14:38:54	London Stock Exchange
447	229.00	14:38:54	London Stock Exchange
4,344	229.00	14:38:54	London Stock Exchange
1,824	228.00	14:49:16	London Stock Exchange
504	228.00	14:49:16	London Stock Exchange
490	228.00	14:49:16	London Stock Exchange
490	228.00	14:49:16	London Stock Exchange
222	228.00	14:49:16	London Stock Exchange
490	228.00	14:49:16	London Stock Exchange
490	228.00	14:49:16	London Stock Exchange
70	228.00	14:49:16	London Stock Exchange
3,078	228.00	14:49:16	London Stock Exchange
504	228.00	14:49:16	London Stock Exchange
504	228.00	14:49:16	London Stock Exchange
490	228.00	14:49:16	London Stock Exchange
454	228.00	14:49:16	London Stock Exchange
490	228.00	14:49:16	London Stock Exchange
490	228.00	14:49:16	London Stock Exchange
70	228.00	14:49:16	London Stock Exchange
504	228.00	14:49:16	London Stock Exchange
335	228.00	14:49:16	London Stock Exchange
4	228.00	14:49:16	London Stock Exchange
1,559	228.00	14:49:16	London Stock Exchange
3,339	228.00	14:49:16	London Stock Exchange
1,942	228.00	14:49:16	London Stock Exchange
1,657	228.00	14:49:16	London Stock Exchange
640	227.50	14:56:21	London Stock Exchange
712	227.50	14:56:21	London Stock Exchange
1,355	227.50	14:56:21	London Stock Exchange
608	227.50	14:56:21	London Stock Exchange
11,833	227.50	14:57:45	London Stock Exchange
1,352	227.50	14:57:45	London Stock Exchange
1,045	227.50	15:13:51	London Stock Exchange
1,354	227.50	15:13:51	London Stock Exchange
1,000	227.50	15:13:51	London Stock Exchange
318	227.50	15:13:51	London Stock Exchange
3,946	227.50	15:13:51	London Stock Exchange
804	227.50	15:13:51	London Stock Exchange
825	227.50	15:13:51	London Stock Exchange
1,668	227.50	15:13:52	London Stock Exchange
5,518	227.50	15:13:52	London Stock Exchange
845	227.50	15:13:52	London Stock Exchange
1,000	226.50	14:58:02	London Stock Exchange
720	226.50	14:58:02	London Stock Exchange
957	226.50	14:58:02	London Stock Exchange

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.

 

END

 

 

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