REG - Gulf Keystone Petrol - Transaction in Own Shares

Gulf Keystone PetroleumAnnouncement

17/05/2024 07:00

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RNS Number : 8162O  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               Number of Shares purchased  Exchange venue

                      (pence per Share)
 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:                           +44 (0) 20 7514 1400
 Aaron Clark, Head of Investor Relations  aclark@gulfkeystone.com (mailto:aclark@gulfkeystone.com)

 & Corporate Communications

 FTI Consulting                           +44 (0) 20 3727 1000
 Ben Brewerton                            GKP@fticonsulting.com (mailto:GKP@fticonsulting.com)

 Nick Hennis

 

Further information on Gulf Keystone is available on its website:
www.gulfkeystone.com (http://www.gulfkeystone.com)

 

 

 

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