Transaction in Own Shares

RNS Number : 7844G

Gulf Keystone Petroleum Ltd.

25 July 2019

 

25 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	25 July 2019
Number of Ordinary Shares purchased	93,734
Highest price paid per Ordinary Share	228.000 pence
Lowest price paid per Ordinary Shares	226.000 pence
Volume weighted average price per Ordinary Share	227.720 pence

Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 1,709,426 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 227,720,140 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
7,787	228.00	12:40:45	London Stock Exchange
447	228.00	12:50:05	London Stock Exchange
484	228.00	13:51:48	London Stock Exchange
498	228.00	13:51:48	London Stock Exchange
498	228.00	13:51:48	London Stock Exchange
484	228.00	13:51:48	London Stock Exchange
93	228.00	13:51:48	London Stock Exchange
484	228.00	13:51:48	London Stock Exchange
4,000	228.00	13:51:48	London Stock Exchange
214	228.00	13:51:48	London Stock Exchange
747	228.00	13:51:48	London Stock Exchange
270	228.00	13:51:48	London Stock Exchange
4,840	228.00	13:51:48	London Stock Exchange
737	228.00	13:51:48	London Stock Exchange
4,396	228.00	14:04:33	London Stock Exchange
892	228.00	14:04:38	London Stock Exchange
5,000	228.00	16:21:06	London Stock Exchange
804	228.00	16:21:06	London Stock Exchange
2,056	228.00	16:21:06	London Stock Exchange
290	228.00	16:21:06	London Stock Exchange
1,863	227.50	13:30:16	London Stock Exchange
495	227.00	14:31:52	London Stock Exchange
482	227.00	14:31:52	London Stock Exchange
6	227.00	14:31:52	London Stock Exchange
6	227.00	14:31:52	London Stock Exchange
482	227.00	14:31:52	London Stock Exchange
488	227.00	14:31:52	London Stock Exchange
6	227.00	14:31:52	London Stock Exchange
482	227.00	14:31:52	London Stock Exchange
6	227.00	14:31:52	London Stock Exchange
488	227.00	14:31:52	London Stock Exchange
488	227.00	14:31:52	London Stock Exchange
4,877	227.00	14:31:52	London Stock Exchange
488	227.00	14:31:52	London Stock Exchange
2,709	227.00	14:31:52	London Stock Exchange
2,168	227.00	14:31:52	London Stock Exchange
4,759	227.00	14:31:52	London Stock Exchange
2,000	227.00	14:31:52	London Stock Exchange
231	227.00	14:31:52	London Stock Exchange
1,358	227.00	14:31:52	London Stock Exchange
1,000	227.00	14:31:52	London Stock Exchange
1,543	227.00	14:31:56	London Stock Exchange
438	227.00	14:31:56	London Stock Exchange
462	227.00	14:44:12	London Stock Exchange
445	227.00	14:44:12	London Stock Exchange
462	227.00	14:44:12	London Stock Exchange
253	227.00	14:44:12	London Stock Exchange
462	227.00	14:44:12	London Stock Exchange
4,301	227.00	14:44:12	London Stock Exchange
218	227.00	14:44:12	London Stock Exchange
318	227.00	14:44:12	London Stock Exchange
1,165	227.00	14:44:12	London Stock Exchange
42	227.00	14:44:12	London Stock Exchange
1,815	227.00	14:44:12	London Stock Exchange
1,000	227.00	14:44:12	London Stock Exchange
597	227.00	14:44:12	London Stock Exchange
2,068	227.00	14:44:12	London Stock Exchange
438	227.00	14:44:12	London Stock Exchange
1,887	227.00	14:54:16	London Stock Exchange
572	227.00	14:54:16	London Stock Exchange
1,000	227.00	14:54:16	London Stock Exchange
384	227.00	14:54:16	London Stock Exchange
1,713	227.00	14:54:16	London Stock Exchange
398	227.00	14:54:16	London Stock Exchange
4,157	227.00	15:11:01	London Stock Exchange
416	227.00	15:11:01	London Stock Exchange
303	227.00	15:11:01	London Stock Exchange
1,578	227.00	15:11:01	London Stock Exchange
427	227.00	15:11:01	London Stock Exchange
2,276	227.00	15:23:06	London Stock Exchange
656	227.00	15:23:06	London Stock Exchange
1,993	227.00	15:32:52	London Stock Exchange
44	226.00	14:59:04	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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