Transaction in Own Shares

RNS Number : 5304N

Gulf Keystone Petroleum Ltd.

24 September 2019

 

24 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	24 September 2019
Number of Ordinary Shares purchased	132,710 shares
Highest price paid per Ordinary Share	235.00 pence
Lowest price paid per Ordinary Shares	231.50 pence
Volume weighted average price per Ordinary Share	233.44 pence

Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 6,941,141 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 222,488,425 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
187	235.00	10:41:39	London Stock Exchange
1,400	235.00	10:57:00	London Stock Exchange
856	235.00	10:57:00	London Stock Exchange
230	235.00	11:07:21	London Stock Exchange
30	235.00	11:07:48	London Stock Exchange
231	235.00	11:10:23	London Stock Exchange
30	235.00	11:21:48	London Stock Exchange
108	235.00	11:21:48	London Stock Exchange
1,100	235.00	11:33:56	London Stock Exchange
2,062	235.00	11:33:56	London Stock Exchange
2,783	235.00	11:33:56	London Stock Exchange
39	235.00	11:33:56	London Stock Exchange
146	235.00	11:33:56	London Stock Exchange
721	235.00	11:33:56	London Stock Exchange
209	235.00	11:33:56	London Stock Exchange
378	235.00	11:33:56	London Stock Exchange
95	235.00	11:33:56	London Stock Exchange
170	235.00	11:33:56	London Stock Exchange
146	235.00	11:33:56	London Stock Exchange
378	235.00	11:33:56	London Stock Exchange
95	235.00	11:33:56	London Stock Exchange
31	235.00	11:34:48	London Stock Exchange
855	235.00	11:38:04	London Stock Exchange
105	235.00	11:38:04	London Stock Exchange
954	235.00	11:43:18	London Stock Exchange
1,140	235.00	11:43:18	London Stock Exchange
322	235.00	11:43:18	London Stock Exchange
65	235.00	11:43:18	London Stock Exchange
563	235.00	11:43:18	London Stock Exchange
316	235.00	11:43:18	London Stock Exchange
3,000	235.00	11:43:18	London Stock Exchange
1,255	235.00	11:43:18	London Stock Exchange
20	234.50	11:56:35	London Stock Exchange
718	234.50	11:57:26	London Stock Exchange
3,514	234.50	11:57:26	London Stock Exchange
1,225	234.50	11:57:26	London Stock Exchange
1,877	234.50	11:57:26	London Stock Exchange
833	234.50	11:57:26	London Stock Exchange
308	234.50	11:57:26	London Stock Exchange
300	234.50	11:57:26	London Stock Exchange
248	234.50	11:57:26	London Stock Exchange
300	234.50	11:57:26	London Stock Exchange
255	234.50	11:57:26	London Stock Exchange
248	234.50	11:57:26	London Stock Exchange
923	234.50	11:57:26	London Stock Exchange
671	234.50	11:59:40	London Stock Exchange
20	234.50	12:02:27	London Stock Exchange
25	234.50	12:02:27	London Stock Exchange
17	234.50	12:02:27	London Stock Exchange
309	234.50	12:02:27	London Stock Exchange
1,798	234.50	12:02:27	London Stock Exchange
2,187	234.50	12:02:27	London Stock Exchange
421	234.50	12:02:27	London Stock Exchange
11	234.50	12:02:27	London Stock Exchange
3,136	234.50	12:18:00	London Stock Exchange
314	234.50	12:18:00	London Stock Exchange
322	234.50	12:18:00	London Stock Exchange
25	233.00	13:43:41	London Stock Exchange
210	233.00	13:46:49	London Stock Exchange
199	233.00	13:49:07	London Stock Exchange
202	233.00	14:08:09	London Stock Exchange
3	233.00	14:34:44	London Stock Exchange
32	233.00	14:40:00	London Stock Exchange
4,461	233.00	15:22:41	London Stock Exchange
351	233.00	15:22:41	London Stock Exchange
20	233.00	15:22:41	London Stock Exchange
69	233.00	15:22:41	London Stock Exchange
597	233.00	15:22:41	London Stock Exchange
532	233.00	15:22:41	London Stock Exchange
374	233.00	15:22:41	London Stock Exchange
1,000	233.00	15:24:21	London Stock Exchange
581	233.00	15:24:24	London Stock Exchange
25,000	233.00	15:25:42	London Stock Exchange
31	233.00	15:27:00	London Stock Exchange
25,000	233.00	15:27:12	London Stock Exchange
638	233.00	15:28:41	London Stock Exchange
25,675	233.00	15:32:36	London Stock Exchange
7,710	231.50	16:32:33	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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