Director/PDMR Shareholding

RNS Number : 9774Y

Gulf Keystone Petroleum Ltd.

18 May 2021

 

18 May 2021

Gulf Keystone Petroleum Ltd. (LSE: GKP)

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

Director/PDMR Shareholdings

Gulf Keystone announces that on 14 May 2021 Nadzeya Kernoha, Head of Finance, exercised her vested nil-cost share options granted to her under the Company's 2014 Long Term Incentive Plan ("LTIP") and 2016 Staff Retention Plan ("SRP"). 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	Price per share of sale (£)	Date of sale	Shareholding post transaction	Shareholding percentage post transaction (%)
Nadzeya Kernoha	Head of Finance	2014 LTIP	63,801	30,092	33,709	1.648000	14/5/21	33,709	0.02
Nadzeya Kernoha	Head of Finance	2016 SRP	85,000	40,091	44,909	1.649381	14/5/21	44,909	0.02
								Total - 78,618	0.04

Enquiries:

Gulf Keystone:	[phone]
Aaron Clark, Head of Investor Relations	[e-mail]
Celicourt Communications:	+ 44(0) 20 8434 2754
Mark Antelme Jimmy Lea	[e-mail]

or visit: 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	Nadzeya Kernoha
2	Reason for the notification
a)	Position/status	Head of Finance
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 ISIN:  BMG4209G2077
b)	Nature of the transaction	1.  Exercise of 63,801 Nil-cost options pursuant to 2014 LTIP (2018 award) 2.  Sale of 30,092 shares to cover tax liability
c)	Price(s) and volume(s)	Price No. of shares 1.  0p 1.  63,801   Price No. of shares 2.  164.8p 3.  30,092
d)	Aggregated information - volume - Price - Total	1.  Price 1.  Volume 2.  Total 1.  0p 1.  63,801 1.  £0 2.  Price 2.  Volume 2.  Total 2.  164.8p 2.  30,092 2.  £49,592
e)	Date of the transaction	14 May 2021
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nadzeya Kernoha
2	Reason for the notification
a)	Position/status	Head of Finance
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 ISIN:  BMG4209G2077
b)	Nature of the transaction	1.  Exercise of 85,000 Nil-cost options pursuant to 2016 SRP 2.  Sale of 40,091 shares to cover tax liability
c)	Price(s) and volume(s)	Price No. of shares 1.  0p 1.  85,000   Price No. of shares 2.  164.9381p 2.  40,091
d)	Aggregated information - volume - Price - Total	1.  Price 1.  Volume 1.  Total 1.  0p 1.  85,000 1.  £0 2.  Price 2.  Volume 2.  Total 2.  164.9381p 2.  40,091 2.  £66,125
e)	Date of the transaction	14 May 2021
f)	Place of the transaction	London Stock Exchange

 

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