Transaction in Own Shares

RNS Number : 0439G

Gulf Keystone Petroleum Ltd.

18 July 2019

 

18 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	18 July 2019
Number of Ordinary Shares purchased	148,000
Highest price paid per Ordinary Share	226.000 pence
Lowest price paid per Ordinary Shares	223.000 pence
Volume weighted average price per Ordinary Share	225.129 pence

Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 1,807,473 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 228,342,093 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
2,314	226.00	15:35:09	London Stock Exchange
2,128	226.00	15:35:09	London Stock Exchange
127	226.00	15:35:09	London Stock Exchange
890	226.00	15:35:09	London Stock Exchange
2,128	226.00	15:36:00	London Stock Exchange
569	226.00	15:36:00	London Stock Exchange
584	226.00	15:36:00	London Stock Exchange
37	226.00	15:36:00	London Stock Exchange
866	226.00	15:36:00	London Stock Exchange
137	226.00	15:36:00	London Stock Exchange
228	226.00	15:36:00	London Stock Exchange
2,286	226.00	15:36:00	London Stock Exchange
2,500	226.00	15:42:24	London Stock Exchange
5,516	226.00	15:42:24	London Stock Exchange
3,908	226.00	15:42:24	London Stock Exchange
187	226.00	15:42:24	London Stock Exchange
2,013	226.00	15:42:24	London Stock Exchange
759	226.00	15:42:36	London Stock Exchange
738	226.00	15:42:36	London Stock Exchange
7,379	226.00	15:42:36	London Stock Exchange
5,520	226.00	16:26:21	London Stock Exchange
1,653	226.00	16:26:50	London Stock Exchange
5,284	226.00	16:26:50	London Stock Exchange
1,698	226.00	16:26:50	London Stock Exchange
2,805	226.00	16:26:50	London Stock Exchange
2,904	226.00	16:26:50	London Stock Exchange
2,500	226.00	16:27:07	London Stock Exchange
944	226.00	16:27:07	London Stock Exchange
10,205	226.00	16:27:07	London Stock Exchange
274	226.00	16:27:07	London Stock Exchange
1,605	226.00	16:27:07	London Stock Exchange
3,997	226.00	16:27:07	London Stock Exchange
547	226.00	16:27:07	London Stock Exchange
1,719	226.00	16:27:07	London Stock Exchange
2,991	226.00	16:27:07	London Stock Exchange
74	226.00	16:27:07	London Stock Exchange
91	226.00	16:27:07	London Stock Exchange
432	226.00	16:27:07	London Stock Exchange
420	226.00	16:27:07	London Stock Exchange
4,201	226.00	16:27:07	London Stock Exchange
832	225.50	13:27:46	London Stock Exchange
855	225.50	13:27:46	London Stock Exchange
8,313	225.50	13:27:46	London Stock Exchange
7,706	225.50	15:15:45	London Stock Exchange
136	225.50	16:25:51	London Stock Exchange
2,500	224.50	11:13:55	London Stock Exchange
1,767	224.50	11:13:55	London Stock Exchange
259	224.50	11:13:55	London Stock Exchange
992	224.50	11:13:55	London Stock Exchange
38	224.50	11:13:55	London Stock Exchange
56	224.50	11:13:55	London Stock Exchange
375	224.50	11:13:55	London Stock Exchange
365	224.50	11:13:55	London Stock Exchange
3,648	224.50	11:13:55	London Stock Exchange
126	223.00	08:23:55	London Stock Exchange
1,709	223.00	08:23:55	London Stock Exchange
712	223.00	08:23:55	London Stock Exchange
72	223.00	08:23:55	London Stock Exchange
881	223.00	08:23:55	London Stock Exchange
2,368	223.00	08:23:55	London Stock Exchange
362	223.00	08:23:55	London Stock Exchange
712	223.00	08:23:55	London Stock Exchange
714	223.00	08:23:55	London Stock Exchange
518	223.00	08:23:55	London Stock Exchange
11,826	223.00	08:23:55	London Stock Exchange
1,397	223.00	10:10:19	London Stock Exchange
270	223.00	10:10:19	London Stock Exchange
13,333	223.00	10:10:19	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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