REG - Gulf Keystone Petrol - Transaction in Own Shares

Gulf Keystone PetroleumAnnouncement

12/07/2019 17:15

RNS Number : 4445F
Gulf Keystone Petroleum Ltd.
12 July 2019
 


 

 12 July 2019
 
Gulf Keystone Petroleum Ltd. (LSE: GKP)
("Gulf Keystone", "GKP" or "the Company")
 
 
Transaction in Own Shares
Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq, announces that it has made the following redemptions pursuant to the share buyback programme (the "Programme") announced on 8 July 2019.



Date of purchase


12 July 2019




Number of Ordinary Shares purchased


36,173




Highest price paid per Ordinary Share


227.500 pence




Lowest price paid per Ordinary Shares


224.450 pence




Volume weighted average price per Ordinary Share


226.136 pence



Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 510,973 Ordinary shares are held in Treasury. For reporting under the FCA's Disclosure and Transparency Rules, Shareholders should exclude any shares held in Treasury and should use the figure of 228,918,593 Ordinary Shares (the issued voting share capital) when determining if they are required to notify their interest, or a change of their interest in the Company.
The Company will make further announcements in due course following the completion of any further purchases pursuant to the Programme.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by the Company, which were all executed through the Company's broker, Canaccord Genuity Limited, are set out below:
 
Individual transactions:
 



Number of shares purchased


Transaction price (pence per share)


Time of transaction


Trading venue




16,626


227.5


12:37:54


London Stock Exchange




1,709


227.5


12:37:54


London Stock Exchange




1,665


227.5


12:37:54


London Stock Exchange




16,173


224.4


10:46:03


London Stock Exchange



 
 
 
Enquiries:
 













Celicourt Communications:


+44 (0) 20 7520 9266




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.
 




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