Transaction in Own Shares

RNS Number : 6717M

Gulf Keystone Petroleum Ltd.

17 September 2019

 

17 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	17 September 2019
Number of Ordinary Shares purchased	166,800 shares
Highest price paid per Ordinary Share	243.50 pence
Lowest price paid per Ordinary Shares	235.50 pence
Volume weighted average price per Ordinary Share	241.82 pence

Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 6,176,033 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 223,253,533 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
5,000	235.50	08:07:45	London Stock Exchange
4,526	235.50	08:09:04	London Stock Exchange
6,362	235.50	08:45:06	London Stock Exchange
179	240.00	09:18:10	London Stock Exchange
10,000	240.00	09:18:12	London Stock Exchange
10,857	243.00	10:24:13	London Stock Exchange
332	243.00	10:24:13	London Stock Exchange
1,150	243.00	10:24:13	London Stock Exchange
1,120	243.00	10:24:13	London Stock Exchange
3,000	242.00	10:36:48	London Stock Exchange
2,376	241.50	10:47:45	London Stock Exchange
327	241.00	10:53:13	London Stock Exchange
135	241.00	10:53:13	London Stock Exchange
450	241.00	10:53:13	London Stock Exchange
450	241.00	10:53:13	London Stock Exchange
4,499	241.00	10:53:13	London Stock Exchange
262	241.00	10:53:13	London Stock Exchange
188	241.00	10:53:13	London Stock Exchange
436	241.00	10:53:13	London Stock Exchange
4,252	241.00	10:53:13	London Stock Exchange
4,110	243.50	11:45:05	London Stock Exchange
8,220	243.50	11:46:26	London Stock Exchange
1,745	242.50	11:53:40	London Stock Exchange
2,754	242.50	11:54:01	London Stock Exchange
158	242.50	11:54:01	London Stock Exchange
450	242.50	11:54:01	London Stock Exchange
462	242.50	11:54:01	London Stock Exchange
450	242.50	11:54:01	London Stock Exchange
954	242.50	11:55:39	London Stock Exchange
2,500	242.50	11:55:39	London Stock Exchange
1,802	242.50	11:55:39	London Stock Exchange
622	242.50	11:55:39	London Stock Exchange
1,378	242.50	11:55:39	London Stock Exchange
899	243.50	13:42:03	London Stock Exchange
4,800	243.50	13:43:40	London Stock Exchange
533	243.50	14:11:27	London Stock Exchange
431	243.50	14:18:33	London Stock Exchange
83	243.50	14:37:01	London Stock Exchange
382	243.50	14:37:01	London Stock Exchange
2,200	243.50	14:37:32	London Stock Exchange
2,452	243.50	14:37:32	London Stock Exchange
4,667	243.50	14:37:32	London Stock Exchange
204	243.50	14:37:32	London Stock Exchange
565	243.50	14:37:32	London Stock Exchange
1,032	243.50	14:37:32	London Stock Exchange
570	243.50	14:37:32	London Stock Exchange
142	243.50	14:37:32	London Stock Exchange
570	243.50	14:37:32	London Stock Exchange
586	243.50	14:37:32	London Stock Exchange
146	243.50	14:37:32	London Stock Exchange
570	243.50	14:37:32	London Stock Exchange
570	243.50	14:37:32	London Stock Exchange
570	243.50	14:37:32	London Stock Exchange
586	243.50	14:37:32	London Stock Exchange
570	243.50	14:37:32	London Stock Exchange
586	243.50	14:37:32	London Stock Exchange
108	243.50	14:37:32	London Stock Exchange
1,156	243.50	14:37:32	London Stock Exchange
316	243.50	14:37:32	London Stock Exchange
4,902	242.50	14:40:01	London Stock Exchange
4,902	242.50	14:40:01	London Stock Exchange
504	242.50	14:40:01	London Stock Exchange
490	242.50	14:40:01	London Stock Exchange
30,000	242.50	14:40:41	London Stock Exchange
19,202	242.50	14:41:20	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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