TIDMGKP

RNS Number : 5790L

Gulf Keystone Petroleum Ltd.

01 May 2020

1 May 2020

Gulf Keystone Petroleum Limited (LSE: GKP)

("Gulf Keystone" or "the Company")

Director/PDMR Shareholding

Gulf Keystone announces that it was informed on 30(th) April 2020 of the following transactions by persons discharging managerial responsibilities and persons closely associated with them.

Mr Ian Weatherdon , Chief Financial Officer, purchased 50,112 common shares in Gulf Keystone Petroleum Limited on 30 April 2020 at a price of 79.8p per share. In total Mr Weatherdon owns 50,112 common shares in the Company representing 0.024% of the issued share capital.

Mr Gabriel Papineau-Legris , Chief Commercial Officer, purchased 20,000 common shares in Gulf Keystone Petroleum Limited on 30 April 2020 at an average price of 84.225p per share. In total Mr Papineau-Legris owns 30,000 common shares in the Company representing 0.014% of the issued share capital.

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      Ian Weatherdon 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           Chief Financial Officer 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Initial notification/Amendment                            Initial notification 
     --------------------------------------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                      Gulf Keystone Petroleum Limited 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       213800QTAQOSSTNTPO15 
     --------------------------------------------------------  ------------------------------------------------------- 
 4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
       each type of transaction; (iii) each date; and (iv) each place where transactions have been 
       conducted 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Description of the financial instrument, type of          Common shares of $1.00 each in Gulf Keystone Petroleum 
      instrument                                                Limited 
      Identification code 
                                                                ISIN: BMG4209G2077 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Acquisition 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    Price(s)  Volume(s) 
                                                                 79.8p     50,112 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information-  Aggregated volume                  (single transaction) 
       -  Price                                                   50,112 
                                                                   79.8p 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   30 April 2020 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                                      Gabriel Papineau-Legris 
      --------------------------------------------------------  ------------------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                           Chief Commercial Officer 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Initial notification/Amendment                            Initial notification 
      --------------------------------------------------------  ------------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Name                                                      Gulf Keystone Petroleum Limited 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    LEI                                                       213800QTAQOSSTNTPO15 
      --------------------------------------------------------  ------------------------------------------------------ 
 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
        each type of transaction; (iii) each date; and (iv) each place where transactions have been 
        conducted 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Description of the financial instrument, type of          Common shares of $1.00 each in Gulf Keystone 
       instrument                                                Petroleum Limited 
       Identification code 
                                                                 ISIN: BMG4209G2077 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Nature of the transaction                                 Acquisition 
      --------------------------------------------------------  ------------------------------------------------------ 
 c)    Price(s) and volume(s)                                    Price(s)  Volume(s) 
                                                                  84.900     1,525 
                                                                   84.500    3,475 
                                                                   84.092    15,000 
      --------------------------------------------------------  ------------------------------------------------------ 
 d)    Aggregated information-  Aggregated volume 
   -  Price                                                       20,000 
                                                                    84.225p 
 -------------------------------------------------------------  ------------------------------------------------------ 
 e)    Date of the transaction                                   30 April 2020 
      --------------------------------------------------------  ------------------------------------------------------ 
 f)    Place of the transaction                                  London 
      --------------------------------------------------------  ------------------------------------------------------ 
 

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

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May 01, 2020 02:00 ET (06:00 GMT)

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