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Pin to quick picksGulf Keystone Petroleum Regulatory News (GKP)

Share Price Information for Gulf Keystone Petroleum (GKP)

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171.00    0.80 (0.47%)
Bid:
172.00
Ask:
172.40
Spread: 0.40 (0.233%)
Market Cap: £371.83m
GKP Live PriceLast checked at - London Stock Exchange

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Exercise of Options

13 Jul 2011 07:00

RNS Number : 2809K
Gulf Keystone Petroleum Ltd.
13 July 2011
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Not for release, publication or distribution in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction.

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13 July 2011

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Gulf Keystone Petroleum Ltd. (AIM: GKP)

("Gulf Keystone" or "the Company")

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Exercise of Options

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The Company has been notified by an employee of an exercise of options under the Share Option Plan.

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Consequently, the Board has approved the issue of 3,000 new common shares of USD 0.01 ("Option Shares") raising gross proceeds of Β£1,185 at an average price of 39.5 pence per share.

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Following the issue of the Option Shares the total issued share capital of Gulf Keystone will be 762,236,948 common shares of USD 0.01. The Company does not hold any common shares in treasury and so the total number of voting rights in Gulf Keystone is 762,236,948.

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Application will be made for admission of the Option Shares to trading on the Alternative Investment Market ("AIM") of the London Stock Exchange with effect from 19 July 2011.

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Enquiries:

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Gulf Keystone Petroleum:

+44 (0) 20 7514 1400

Todd Kozel, Executive Chairman

Ewen Ainsworth, Chief Financial Officer

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Strand Hanson Limited

+44 (0) 20 7409 3494

Simon Raggett / Rory Murphy / James Harris

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Mirabaud Securities LLP

+44 (0) 20 7878 3362

Peter Krens

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Pelham Bell Pottinger

Mark Antelme

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+44 (0) 20Β 7861 3232

or visit: www.gulfkeystone.com

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Notes to Editors:

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Β§ Gulf Keystone Petroleum Ltd. (AIM: GKP) is an independent oil and gas exploration and production company with operations in the Kurdistan Region of Iraq.

Β§ Gulf Keystone Petroleum International (GKPI) holds Production Sharing Contracts for four exploration blocks in Kurdistan.

Β§ The Company's shares have traded on the AIM market since listing on 8th September 2004.

Β§ Gulf Keystone Petroleum Limited is registered in Hamilton, Bermuda with further offices in Erbil, Kurdistan Region of Iraq, Algiers, Algeria and London, UK.

Not for release, publication or distribution, directly or indirectly, in or into the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction. This document (and the information contained herein) does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in the United States or jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. No public offering of the securities will be made in the United States.

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This information is provided by RNS
The company news service from the London Stock Exchange
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