Transaction in Own Shares

RNS Number : 7437F

Gulf Keystone Petroleum Ltd.

16 July 2019

 

16 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	16 July 2019
Number of Ordinary Shares purchased	142,500
Highest price paid per Ordinary Share	226.000 pence
Lowest price paid per Ordinary Shares	223.000 pence
Volume weighted average price per Ordinary Share	224.186 pence

Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 794,973 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 228,634,593 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
1,248	226.00	09:08:43	London Stock Exchange
1,282	226.00	09:08:43	London Stock Exchange
12,470	226.00	09:08:43	London Stock Exchange
2,146	225.00	09:16:41	London Stock Exchange
10,324	225.00	09:16:41	London Stock Exchange
1,248	225.00	09:16:41	London Stock Exchange
1,282	225.00	09:16:41	London Stock Exchange
3,754	224.50	11:46:06	London Stock Exchange
1,698	224.50	11:46:06	London Stock Exchange
7,018	224.50	11:46:06	London Stock Exchange
1,282	224.50	11:46:06	London Stock Exchange
1,248	224.50	11:46:06	London Stock Exchange
2,500	223.50	12:16:47	London Stock Exchange
504	223.50	12:16:47	London Stock Exchange
2,403	223.50	12:16:47	London Stock Exchange
4,337	223.50	12:17:59	London Stock Exchange
301	223.50	12:17:59	London Stock Exchange
387	223.50	12:17:59	London Stock Exchange
362	223.50	12:17:59	London Stock Exchange
712	223.50	12:17:59	London Stock Exchange
3,143	223.50	12:19:22	London Stock Exchange
3,602	223.50	12:19:22	London Stock Exchange
1,247	223.50	12:19:22	London Stock Exchange
502	223.50	12:19:22	London Stock Exchange
140	223.00	13:24:42	London Stock Exchange
2,500	224.00	13:37:37	London Stock Exchange
2,500	224.00	13:37:37	London Stock Exchange
158	224.00	13:37:37	London Stock Exchange
207	224.00	13:37:37	London Stock Exchange
650	224.00	13:37:37	London Stock Exchange
844	224.00	13:37:37	London Stock Exchange
1,923	224.00	13:37:37	London Stock Exchange
4,489	224.00	13:37:37	London Stock Exchange
563	224.50	14:06:37	London Stock Exchange
548	224.50	14:06:37	London Stock Exchange
2,303	224.50	14:06:37	London Stock Exchange
392	224.50	14:06:37	London Stock Exchange
138	224.50	14:06:37	London Stock Exchange
2,645	224.50	14:06:37	London Stock Exchange
1,665	224.00	14:06:55	London Stock Exchange
1,709	224.00	14:06:55	London Stock Exchange
16,626	224.00	14:06:55	London Stock Exchange
850	224.00	14:13:20	London Stock Exchange
7	224.00	14:29:06	London Stock Exchange
73	224.00	14:29:06	London Stock Exchange
73	224.00	14:29:06	London Stock Exchange
4,822	224.00	14:29:06	London Stock Exchange
56	224.00	14:29:06	London Stock Exchange
577	224.00	14:29:06	London Stock Exchange
26	224.00	14:29:06	London Stock Exchange
662	224.00	14:29:06	London Stock Exchange
380	224.00	14:29:06	London Stock Exchange
1,922	224.00	14:29:06	London Stock Exchange
504	224.00	14:29:06	London Stock Exchange
110	224.00	14:29:06	London Stock Exchange
380	224.00	14:29:06	London Stock Exchange
504	224.00	14:29:06	London Stock Exchange
504	224.00	14:29:06	London Stock Exchange
504	224.00	14:29:06	London Stock Exchange
504	224.00	14:29:06	London Stock Exchange
490	224.00	14:29:06	London Stock Exchange
229	224.00	14:29:06	London Stock Exchange
3,556	224.00	14:29:06	London Stock Exchange
767	224.00	14:29:06	London Stock Exchange
1,681	223.00	14:51:41	London Stock Exchange
3,221	223.00	14:51:41	London Stock Exchange
175	223.00	14:51:41	London Stock Exchange
4,000	223.00	14:51:41	London Stock Exchange
175	223.00	14:51:41	London Stock Exchange
727	223.00	14:51:41	London Stock Exchange
490	223.00	14:51:41	London Stock Exchange
504	223.00	14:51:41	London Stock Exchange
1,551	223.00	14:51:41	London Stock Exchange
1,000	223.00	14:51:42	London Stock Exchange
1,000	223.00	14:51:42	London Stock Exchange
3,244	223.00	14:51:51	London Stock Exchange
652	223.00	14:51:51	London Stock Exchange
1,580	223.50	15:14:23	London Stock Exchange

Enquiries:

Celicourt Communications:	+ 44(0) 20 8434 2754
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.

 

END

 

 

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