RNS Number : 2962F
Gulf Keystone Petroleum Ltd.
11 July 2019
 

 


11 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

11 July 2019

Number of Ordinary Shares purchased

124,800

Highest price paid per Ordinary Share

227.000 pence

Lowest price paid per Ordinary Shares

222.500 pence

Volume weighted average price per Ordinary Share

225.596 pence

Following the repurchase of the shares set out above, the Company's issued share capital consists of 229,429,566 Ordinary Shares. 474,800 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 228,954,766 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

10,000

227

08:57:38

London Stock Exchange

20,028

226.5

09:27:56

London Stock Exchange

25,000

225.5

08:38:26

London Stock Exchange

1,665

225.5

09:04:21

London Stock Exchange

1,709

225.5

09:04:21

London Stock Exchange

11,608

225.5

09:04:21

London Stock Exchange

5,018

225.5

09:04:21

London Stock Exchange

1,709

225.5

09:12:54

London Stock Exchange

1,665

225.5

09:12:54

London Stock Exchange

16,626

225.5

09:12:54

London Stock Exchange

25,000

225

08:28:18

London Stock Exchange

3,750

223.5

08:41:00

London Stock Exchange

1,022

222.5

08:11:14

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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