TIDMGKP

RNS Number : 3484F

Gulf Keystone Petroleum Ltd.

06 March 2020

06 March 2020

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 "Buyback Programme") announced on 10 December 2019.

 
 Date of purchase                            06 March 2020 
 Number of common shares purchased           244,000 
 Highest price paid per common share         139.80 pence 
 Lowest price paid per common shares         136.60 pence 
 Volume weighted average price per common    137.54 pence 
  share 
 

As announced on 10 December 2019, the Company will use existing cash resources to make market purchases of common shares for a maximum consideration of $25 million. The initial amount of $15 million of the programme has been completed. Further to the announcement on 21 January 2020, purchases of the final amount of $10 million has commenced. Under the programme, the Company has purchased 9,540,667 common shares for a total value of $23.26 million to date.

Notification of total voting rights in accordance with the FCA's Disclosure and Transparency Rules provision 5.6.1R.

Following the repurchase of the shares set out above the Company's issued share capital consists of 211,742,079 common shares plus 17,687,487 common shares held in Treasury.

The above figure of 211,742,079 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Gulf Keystone under the FCA's Disclosure and Transparency Rules. 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 common 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   Transaction price    Time of transaction   Trading venue 
     purchased       (pence per share) 
                                                               London Stock 
       2,500              139.20              08:05:30            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        794               139.00              08:05:30            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       2,117              139.00              08:05:30            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       5,000              139.80              08:08:07            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,516              139.80              08:09:51            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        484               139.80              08:09:51            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        357               139.80              08:11:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,643              139.80              08:11:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        997               139.80              08:11:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        720               139.80              08:11:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       2,872              139.80              08:11:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,735              139.00              08:21:37            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        169               139.00              08:25:08            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,096              139.00              08:25:08            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,483              139.00              08:25:08            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        229               139.00              08:25:47            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        221               139.00              08:26:47            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        67                139.00              08:28:12            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,333              139.00              08:28:12            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        152               139.00              08:28:31            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        136               139.00              08:28:42            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        194               139.00              08:30:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,930              139.00              08:30:14            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        160               139.00              08:30:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       2,428              139.00              08:30:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        935               139.00              08:30:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,679              139.00              08:30:31            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,889              139.00              08:30:35            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        450               139.00              08:30:35            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        47                139.00              08:30:35            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        47                139.00              08:30:35            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,000              139.00              08:30:35            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        122               139.00              08:30:36            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        980               139.00              08:30:36            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        361               139.00              08:30:52            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        34                139.00              08:31:02            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        286               139.00              08:31:02            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        199               139.00              08:31:02            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
         8                139.00              08:31:03            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        152               139.00              08:31:03            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        315               139.00              08:31:03            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        163               139.00              08:31:10            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        230               137.20              08:50:26            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       2,200              137.20              08:50:26            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       2,570              137.20              08:50:26            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        124               137.20              08:51:02            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,248              137.20              08:51:02            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        146               137.20              08:51:30            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,482              137.20              08:51:30            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        784               137.20              08:51:31            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        218               137.20              08:52:02            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        145               137.20              08:52:29            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        210               137.20              08:52:32            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,602              138.40              09:36:06            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,398              138.40              09:36:06            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        160               138.40              09:36:06            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,714              138.40              09:36:06            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,714              138.40              09:36:06            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,412              138.40              09:36:06            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        14                138.40              09:36:06            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        288               138.40              09:36:06            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        806               138.40              09:36:06            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,841              138.40              09:36:10            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        694               138.40              09:36:10            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:14:17            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:14:17            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:14:17            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:14:17            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:14:17            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:29:59            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:37:13            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:52:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:52:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:52:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:52:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:52:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        292               136.60              10:52:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        819               136.60              10:52:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        33                136.60              10:52:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,078              136.60              10:52:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:53:15            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        83                136.60              10:53:15            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,028              136.60              10:53:19            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        570               136.60              10:53:19            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        459               136.60              10:53:19            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        82                136.60              10:53:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:53:51            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:53:51            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        39                136.60              10:53:51            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
         1                136.60              10:53:51            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,071              136.60              10:53:56            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:54:27            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,111              136.60              10:54:27            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        558               136.60              10:54:27            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
      10,000              136.80              11:17:08            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        639               136.80              11:17:18            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,500              136.80              11:17:18            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        684               136.80              11:17:18            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,061              136.80              11:17:18            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        38                136.80              11:17:18            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,078              136.80              11:23:50            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,785              136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,215              136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        811               136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,200              136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        989               136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,411              136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,600              136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        491               136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,000              136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,909              136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,000              136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,000              136.60              12:30:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,000              136.60              12:31:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        467               136.60              12:31:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        388               136.60              12:31:09            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        734               136.60              12:31:19            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,142              136.60              12:50:27            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,858              136.60              12:50:27            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,000              137.40              13:51:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,000              137.40              13:51:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,000              137.40              13:51:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,000              137.40              13:51:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,000              137.40              13:51:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       2,341              137.40              13:51:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,000              137.40              13:51:16            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,659              137.40              13:51:37            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,000              137.40              13:51:37            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,000              137.40              13:51:37            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       5,000              136.60              14:14:55            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,511              136.60              14:14:55            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,511              136.60              14:14:55            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,511              136.60              14:14:55            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        467               136.60              14:14:55            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,044              136.60              14:14:55            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,600              136.60              14:14:55            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,400              136.60              14:14:55            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,600              136.60              14:14:55            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       5,000              136.60              14:16:10            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,356              136.60              14:16:10            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       5,000              137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,165              137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        503               137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        503               137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        169               137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        692               137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
         8                137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,960              137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
         8                137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        542               137.60              14:52:01            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,458              137.60              14:52:28            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        542               137.60              14:52:28            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        367               137.60              14:53:30            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,633              137.60              14:53:30            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,450              137.60              14:53:30            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       5,000              137.00              15:18:13            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,043              137.00              15:18:13            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       4,282              137.00              15:23:29            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        718               137.00              15:23:29            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       2,579              137.00              15:23:29            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        642               137.60              16:00:23            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,687              137.60              16:00:23            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        61                137.60              16:00:23            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        610               137.60              16:00:23            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        61                137.60              16:00:23            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        610               137.60              16:00:23            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
        593               137.60              16:02:37            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       3,797              137.60              16:02:37            Exchange 
                   -------------------  --------------------  -------------- 
                                                               London Stock 
       1,317              137.60              16:02:37            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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

POSDQLFBBXLXBBK

(END) Dow Jones Newswires

March 06, 2020 12:45 ET (17:45 GMT)

Gulf Keystone Petroleum (LSE:GKP)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Gulf Keystone Petroleum.
Gulf Keystone Petroleum (LSE:GKP)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Gulf Keystone Petroleum.