Transaction in Own Shares

Gulf Keystone Petroleum Ltd.

17 May 2024

 

 

17 May 2024                                        

Gulf Keystone Petroleum Ltd. (LSE: GKP)

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

Transaction in Own Shares

Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq announces that on 16 May 2024, it purchased 343,658 common shares of US$1.00 each in the Company ("Shares") on the London Stock Exchange through Peel Hunt LLP in accordance with the terms of its share buyback programme announced on 13 May 2024 (the "Buyback Programme").

Name of issuer:	Gulf Keystone Petroleum Ltd
ISIN:	BMG4209G2077
Date of purchase:	16 May 2024
Aggregate number of Shares purchased:	343,658
Lowest price paid per Share (pence per Share):	129.0
Highest price paid per Share (pence per Share):	131.7
Volume weighted average price paid per Share (pence per Share):	130.8

The repurchased Shares will be cancelled. Following the cancellation of the repurchased Shares, the Company will have 222,354,997 Shares in issue, with no Shares held in treasury. Therefore, the total number of Shares carrying voting rights will be 222,354,997.

The above figure of 222,354,997 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Market Abuse Regulation (EU) No 596/2014 (as it forms part of UK law pursuant to the European Union (Withdrawal) Act 2018), the table below contains detailed information of the individual trades made by Peel Hunt LLP on 16 May 2024 as part of the Buyback Programme.

Individual transactions:

Time of transaction	Price (pence per Share)	Number of Shares purchased	Exchange venue
08:11:06	131.0	250,000	London Stock Exchange
10:39:14	129.0	50,000	London Stock Exchange
15:32:48	131.7	43,658	London Stock Exchange

Enquiries:

Gulf Keystone:	[phone]
Aaron Clark, Head of Investor Relations & Corporate Communications	[e-mail]
FTI Consulting	[phone]
Ben Brewerton Nick Hennis	[e-mail]

Further information on Gulf Keystone is available on its website: www.gulfkeystone.com

 

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