Transaction in Own Shares

RNS Number : 2726H

Gulf Keystone Petroleum Ltd.

30 July 2019

 

30 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	30 July 2019
Number of Ordinary Shares purchased	90,000
Highest price paid per Ordinary Share	236.000 pence
Lowest price paid per Ordinary Shares	230.000 pence
Volume weighted average price per Ordinary Share	235.182 pence

Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 1,991,704 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 227,437,862 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.

The Company notes the following two corrections to the "Transaction in Own Shares" announcement released on 29 July 2019 at 17:13:

The total number of shares held in Treasury as at 29 July 2019 was 1,901,704 rather than 1,766,404 originally stated.

The first trade listed in the individual transactions table was for 516 shares rather than the original 9 shares stated.

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
3257	236.00	15:18:33	London Stock Exchange
214	236.00	16:20:13	London Stock Exchange
136	236.00	16:25:14	London Stock Exchange
291	236.00	16:28:31	London Stock Exchange
202	236.00	16:28:31	London Stock Exchange
4157	236.00	16:28:31	London Stock Exchange
427	236.00	16:28:31	London Stock Exchange
3,892	236.00	16:28:31	London Stock Exchange
427	236.00	16:28:31	London Stock Exchange
416	236.00	16:28:31	London Stock Exchange
427	236.00	16:28:31	London Stock Exchange
261	236.00	16:28:31	London Stock Exchange
380	236.00	16:28:31	London Stock Exchange
427	236.00	16:28:31	London Stock Exchange
416	236.00	16:28:31	London Stock Exchange
261	236.00	16:28:31	London Stock Exchange
416	236.00	16:28:31	London Stock Exchange
1827	236.00	16:28:31	London Stock Exchange
1827	236.00	16:28:31	London Stock Exchange
181	236.00	16:28:31	London Stock Exchange
181	236.00	16:28:31	London Stock Exchange
1089	236.00	16:28:32	London Stock Exchange
1534	236.00	16:35:02	London Stock Exchange
611	236.00	16:35:02	London Stock Exchange
300	235.00	12:02:59	London Stock Exchange
105	235.00	12:02:59	London Stock Exchange
185	235.00	12:02:59	London Stock Exchange
299	235.00	12:02:59	London Stock Exchange
105	235.00	12:02:59	London Stock Exchange
2,700	235.00	12:02:59	London Stock Exchange
3000	235.00	12:06:14	London Stock Exchange
290	235.00	12:06:14	London Stock Exchange
299	235.00	12:06:14	London Stock Exchange
299	235.00	12:06:14	London Stock Exchange
290	235.00	12:06:14	London Stock Exchange
814	235.00	12:06:14	London Stock Exchange
299	235.00	12:06:14	London Stock Exchange
2186	235.00	12:06:14	London Stock Exchange
814	235.00	12:06:14	London Stock Exchange
922	235.00	12:06:26	London Stock Exchange
162	235.00	12:06:26	London Stock Exchange
299	235.00	12:06:26	London Stock Exchange
117	235.00	12:06:26	London Stock Exchange
3400	235.00	12:13:36	London Stock Exchange
189	235.00	12:13:36	London Stock Exchange
3000	235.00	12:18:12	London Stock Exchange
37	235.00	12:18:12	London Stock Exchange
1731	235.00	12:18:16	London Stock Exchange
299	235.00	12:18:16	London Stock Exchange
290	235.00	12:18:16	London Stock Exchange
3589	235.00	12:18:23	London Stock Exchange
3,589	235.00	12:19:54	London Stock Exchange
383	235.00	12:20:00	London Stock Exchange
2500	235.00	14:43:02	London Stock Exchange
9000	235.00	14:43:02	London Stock Exchange
1272	235.00	14:43:02	London Stock Exchange
20000	235.00	14:43:02	London Stock Exchange
2183	233.50	13:33:16	London Stock Exchange
1788	233.00	12:55:33	London Stock Exchange
8	230.00	08:59:55	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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