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Pin to quick picksGulf Keystone Petroleum Regulatory News (GKP)

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Director/PDMR Shareholding

1 May 2020 07:00

RNS Number : 5790L
Gulf Keystone Petroleum Ltd.
01 May 2020
 

 

 

 

 1 May 2020

 

Gulf Keystone Petroleum Limited (LSE: GKP)

("Gulf Keystone" or "the Company")

 

Director/PDMR Shareholding

 

Gulf Keystone announces that it was informed on 30th April 2020 of the following transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

Mr Ian Weatherdon, Chief Financial Officer, purchased 50,112 common shares in Gulf Keystone Petroleum Limited on 30 April 2020 at a price of 79.8p per share. In total Mr Weatherdon owns 50,112 common shares in the Company representing 0.024% of the issued share capital.

 

Mr Gabriel Papineau-Legris, Chief Commercial Officer, purchased 20,000 common shares in Gulf Keystone Petroleum Limited on 30 April 2020 at an average price of 84.225p per share. In total Mr Papineau-Legris owns 30,000 common shares in the Company representing 0.014% of the issued share capital.

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Ian Weatherdon

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Gulf Keystone Petroleum Limited

b)

LEI

213800QTAQOSSTNTPO15

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 Identification code

Common shares of $1.00 each in Gulf Keystone Petroleum Limited

 

ISIN: BMG4209G2077

b)

Nature of the transaction

Acquisition

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

79.8p

 50,112

d)

Aggregated information

-

Aggregated volume

-

Price

 (single transaction)

50,11279.8p

e)

Date of the transaction

30 April 2020

f)

Place of the transaction

London

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

Gabriel Papineau-Legris

2

Reason for the notification

a)

Position/status

Chief Commercial Officer

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Gulf Keystone Petroleum Limited

b)

LEI

213800QTAQOSSTNTPO15

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 Identification code

Common shares of $1.00 each in Gulf Keystone Petroleum Limited

 

ISIN: BMG4209G2077

b)

Nature of the transaction

Acquisition

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

84.900

84.500

84.092

 1,525

3,475

15,000

d)

Aggregated information

-

Aggregated volume

-

Price

 

20,00084.225p

e)

Date of the transaction

30 April 2020

f)

Place of the transaction

London

 

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.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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