What it says (RNS)25 May 2018 08:28
Gulf Keystone Petroleum Limited: Block sale of shares completed
Taconic Capital Advisors UK LLP ("Taconic") has sold 23,000,000 shares in Gulf Keystone Petroleum Limited (LSE ticker: GKP) representing 10 % of outstanding common shares at 195p per share in connection with the contemplated Placing announced on 24 May 2018.
Following the Placing, Taconic holds 8,134,938 shares in Gulf Keystone Petroleum Limited that is subject to a three months lock-up agreement entered into between Taconic and Pareto Securities.
Pareto Securities acted as bookrunner for the transaction.