REG - Gulf Keystone Petrol - Long Term Incentive Plan (“LTIP”) Award

Gulf Keystone PetroleumAnnouncement

04/08/2021 13:25

RNS Number : 5908H
  
Gulf Keystone Petroleum Ltd.
  
04 August 2021
  
 

            
4 August 2021
 
 
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone", "GKP" or "the Company")
 
Long Term Incentive Plan ("LTIP") Award
 
Gulf Keystone announces that, pursuant to the 2014 Gulf Keystone Long Term Incentive Plan, an award of 98,077 nil-cost options ("the Award") was granted on 2 August 2021 ("the Award Date") to Clare Kinahan following her appointment as HR Director. Clare replaces Jane Barker who will be retiring in September 2021.   
 
The quantum of options awarded was based on a price of 166.4p, being the closing mid-market price of the Company on 2 August 2021. The Award will vest in accordance with performance conditions on 2 August 2024, being the third anniversary from the Award Date.
 
 
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


Clare Kinahan 




2


Reason for the notification




a)


Position/status


HR Director




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


 Grant of nil cost award under the 2014 Long Term Incentive Plan




c)


Price(s) and volume(s)





Price(s)


Volume(s)














Nil


98,077



 
 
 




d)


Aggregated information
- Volume
- Price
 


 
 
 
Single transaction as in 4c) above
 
Nil consideration
 
 




e)


Date of the transaction


2 August 2021




f)


Place of the transaction


Outside a trading venue



 
 
 

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