Grant of Share Options

RNS Number : 5435E

Gulf Keystone Petroleum Ld

29 September 2008

 



Not for release, publication or distribution in or into jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction

29 September 2008

Gulf Keystone Petroleum Ltd.

("Gulf Keystone" or "the Company")

Grant of Share Options

Gulf Keystone Petroleum Limited (AIM: GKP) announces that on 25th September 2008 options to acquire 2,100,000 common shares in the capital of the Company were granted pursuant to the terms of the Company's Unapproved Share Option Plan (the 'Plan') to the directors who joined the Company recently (such date being the date the Company received notification for the purposes of paragraph (b) of Schedule 5 to the AIM rules for companies). 

Details as follows: 

Lord Truscott was granted an option to subscribe for 100,000 common shares at an exercise price of 30 pence per share

John Gerstenlauer was granted an option to subscribe for 2,000,000 common shares at an exercise price of 30 pence per share

The options are exercisable in accordance with the terms of the Plan at any time (not being a Close Period for the purposes of the AIM Rules) and as more fully disclosed in the Company's Annual Accounts.

Enquiries

Gulf Keystone Petroleum:  Todd Kozel, Executive Chairman	[phone]
Ewen Ainsworth, Chief Financial Officer
RBC Capital Markets:	+ 44 (0) 20 7653 4667
Andrew Smith
Sarah Wharry
Tristone Capital Limited:	[phone]
Simon Ashby-Rudd
Majid Shafiq
Citigate Dewe Rogerson Martin Jackson	:[phone]
George Cazenove

or visit: www.gulfkeystone.com

 

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