REG - Gulf Keystone Petrol - Director/PDMR Shareholding

Gulf Keystone PetroleumAnnouncement

18/05/2021 10:05

RNS Number : 9774Y
  
Gulf Keystone Petroleum Ltd.
  
18 May 2021
  
 

 
18 May 2021
 
 
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone", "GKP" or "the Company")
 
Director/PDMR Shareholdings
 
Gulf Keystone announces that on 14 May 2021 Nadzeya Kernoha, Head of Finance, exercised her vested nil-cost share options granted to her under the Company's 2014 Long Term Incentive Plan ("LTIP") and 2016 Staff Retention Plan ("SRP"). Upon exercise, a proportion of the vested award was sold to pay the tax liability arising upon exercise, while the remainder was retained. 
 



Name


Position


Share Option Scheme


Options exercised


Shares sold for tax


Shares retained


Price per share of sale (£)


Date of sale


Shareholding post transaction


Shareholding percentage post transaction (%)




Nadzeya Kernoha


Head of Finance


2014 LTIP


63,801


30,092


33,709


1.648000


14/5/21


33,709


0.02




Nadzeya Kernoha


Head of Finance


2016 SRP


85,000


40,091


44,909


1.649381


14/5/21


44,909


0.02




































Total - 78,618


0.04



 
 
 
Enquiries:
 



Gulf Keystone:


+44 (0) 20 7514 1400   




Aaron Clark, Head of Investor Relations


aclark@gulfkeystone.com














Celicourt Communications:


+ 44(0) 20 8434 2754




Mark Antelme
Jimmy Lea


GKP@Celicourt.uk



 
 
or visit: www.gulfkeystone.com 
 
This notification is made in accordance with the Market Abuse Regulation.
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Nadzeya Kernoha 




2


Reason for the notification




a)


Position/status


Head of Finance




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
 
 
ISIN: BMG4209G2077




b)


Nature of the transaction


1.   Exercise of 63,801 Nil-cost options pursuant to 2014 LTIP (2018 award) 
2.   Sale of 30,092 shares to cover tax liability
 
 




c)


Price(s) and volume(s)





 Price


No. of shares




1.   0p


1.   63,801




 Price


No. of shares




2.   164.8p


3.   30,092








d)


Aggregated information
- volume
- Price
- Total
 


 
 



1.   Price


1.   Volume 


2.   Total




1.   0p


1.   63,801


1.   £0


















2.   Price


2.   Volume


2.   Total




2.   164.8p


2.   30,092


2.   £49,592








e)


Date of the transaction


14 May 2021




f)


Place of the transaction


London Stock Exchange



 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Nadzeya Kernoha 




2


Reason for the notification




a)


Position/status


Head of Finance 




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
 
 
ISIN: BMG4209G2077




b)


Nature of the transaction


1.   Exercise of 85,000 Nil-cost options pursuant to 2016 SRP
2.   Sale of 40,091 shares to cover tax liability
 
 




c)


Price(s) and volume(s)





 Price


No. of shares




1.   0p


1.   85,000




 Price


No. of shares




2.   164.9381p


2.   40,091








d)


Aggregated information
- volume
- Price
- Total
 


 
 



1.   Price


1.   Volume 


1.   Total




1.   0p


1.   85,000


1.   £0


















2.   Price


2.   Volume


2.   Total




2.   164.9381p


2.   40,091


2.   £66,125








e)


Date of the transaction


14 May 2021




f)


Place of the transaction


London Stock Exchange



 

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