Transaction in Own Shares

RNS Number : 8796L

Gulf Keystone Petroleum Ltd.

10 September 2019

 

10 September 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 "Buyback Programme") announced on 8 July and 2 September 2019.

Date of purchase	10 September 2019
Number of Ordinary Shares purchased	143,300 shares
Highest price paid per Ordinary Share	241.50 pence
Lowest price paid per Ordinary Shares	233.50 pence
Volume weighted average price per Ordinary Share	236.70 pence

Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 5,369,233 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 224,060,333 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
1,677	241.50	08:06:06	London Stock Exchange
6,823	241.50	08:06:22	London Stock Exchange
1,000	241.50	08:06:25	London Stock Exchange
2,000	241.50	08:06:25	London Stock Exchange
7,067	241.00	08:06:00	London Stock Exchange
1,433	241.00	08:06:00	London Stock Exchange
3,795	238.50	14:56:58	London Stock Exchange
3,705	238.50	14:57:02	London Stock Exchange
4,376	238.50	14:57:04	London Stock Exchange
641	237.00	08:08:07	London Stock Exchange
624	237.00	08:08:07	London Stock Exchange
88	237.00	08:08:07	London Stock Exchange
201	237.00	08:08:07	London Stock Exchange
5,189	237.00	08:08:07	London Stock Exchange
536	237.00	08:08:07	London Stock Exchange
176	237.00	08:08:07	London Stock Exchange
845	237.00	08:08:07	London Stock Exchange
5,837	237.00	08:08:14	London Stock Exchange
448	237.00	08:08:14	London Stock Exchange
264	237.00	08:08:14	London Stock Exchange
428	237.00	08:08:14	London Stock Exchange
440	237.00	08:08:14	London Stock Exchange
2,500	237.00	08:08:14	London Stock Exchange
1,783	237.00	08:08:14	London Stock Exchange
3,948	237.00	08:23:50	London Stock Exchange
395	237.00	08:23:50	London Stock Exchange
405	237.00	08:23:50	London Stock Exchange
265	236.50	12:29:05	London Stock Exchange
1,092	236.50	12:52:26	London Stock Exchange
624	236.50	13:10:15	London Stock Exchange
422	236.50	13:10:15	London Stock Exchange
1,306	236.50	13:12:30	London Stock Exchange
1,048	236.50	13:46:03	London Stock Exchange
929	236.50	13:55:15	London Stock Exchange
624	236.50	14:01:36	London Stock Exchange
219	236.50	14:01:36	London Stock Exchange
1,595	236.50	14:01:36	London Stock Exchange
3,243	236.00	08:22:13	London Stock Exchange
1,000	236.00	08:22:13	London Stock Exchange
624	236.00	08:22:13	London Stock Exchange
641	236.00	08:22:13	London Stock Exchange
1,992	236.00	08:22:13	London Stock Exchange
624	236.00	08:22:13	London Stock Exchange
81	236.00	08:22:13	London Stock Exchange
5,803	236.00	08:22:13	London Stock Exchange
746	236.00	08:22:13	London Stock Exchange
498	236.00	08:22:13	London Stock Exchange
489	235.50	08:24:16	London Stock Exchange
707	235.50	08:24:16	London Stock Exchange
726	235.50	08:24:16	London Stock Exchange
707	235.50	08:24:16	London Stock Exchange
6,578	235.50	08:24:16	London Stock Exchange
707	235.50	08:24:29	London Stock Exchange
726	235.50	08:24:29	London Stock Exchange
668	235.50	08:26:29	London Stock Exchange
2,171	235.50	08:27:20	London Stock Exchange
726	235.50	08:27:20	London Stock Exchange
39	235.50	08:27:20	London Stock Exchange
2,784	235.50	08:27:20	London Stock Exchange
726	235.50	08:27:20	London Stock Exchange
2,246	235.50	08:27:20	London Stock Exchange
344	235.50	11:58:35	London Stock Exchange
641	235.50	11:58:35	London Stock Exchange
624	235.50	11:58:35	London Stock Exchange
641	235.50	11:58:35	London Stock Exchange
5,891	235.50	11:58:35	London Stock Exchange
624	235.50	11:58:35	London Stock Exchange
624	235.50	11:58:35	London Stock Exchange
624	235.50	11:58:35	London Stock Exchange
2,949	235.50	11:58:35	London Stock Exchange
302	235.50	11:58:56	London Stock Exchange
359	235.50	11:58:56	London Stock Exchange
3,492	235.50	11:58:56	London Stock Exchange
47	235.50	11:58:56	London Stock Exchange
7,500	235.00	08:55:41	London Stock Exchange
53	235.00	08:55:41	London Stock Exchange
344	235.00	09:13:27	London Stock Exchange
789	235.00	09:18:21	London Stock Exchange
2,312	235.00	09:21:15	London Stock Exchange
1,938	235.00	09:35:59	London Stock Exchange
364	235.00	10:17:51	London Stock Exchange
624	233.50	11:38:02	London Stock Exchange
641	233.50	11:38:02	London Stock Exchange
6,235	233.50	11:38:02	London Stock Exchange
1,115	233.50	11:38:02	London Stock Exchange
624	233.50	11:38:02	London Stock Exchange
104	233.50	11:38:02	London Stock Exchange
520	233.50	11:38:02	London Stock Exchange
624	233.50	11:38:02	London Stock Exchange
595	233.50	11:38:02	London Stock Exchange
641	233.50	11:38:02	London Stock Exchange
641	233.50	11:38:02	London Stock Exchange
474	233.50	11:38:02	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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