Gulf Keystone Petroleum Ltd. Transaction in Own Shares (0496P)
08 October 2019 - 3:15AM
UK Regulatory
TIDMGKP
RNS Number : 0496P
Gulf Keystone Petroleum Ltd.
07 October 2019
07 October 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 "Buyback Programme") announced on 8 July and 2
September 2019.
Date of purchase 07 October 2019
Number of Ordinary Shares purchased 216,577 shares
Highest price paid per Ordinary Share 226.50 pence
Lowest price paid per Ordinary Shares 222.00 pence
Volume weighted average price per Ordinary 225.92 pence
Share
Following the repurchase of the shares set out above, the
Company's issued share capital consists of 229,429,566 Ordinary
Shares. 8,609,396 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 220,820,170 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, Peel Hunt LLP, are set out below:
Individual transactions:
Number of shares Transaction price Time of transaction Trading venue
purchased (pence per share)
London Stock
15,728 222.00 13:19:11 Exchange
------------------- -------------------- --------------
London Stock
110,753 226.00 16:16:44 Exchange
------------------- -------------------- --------------
London Stock
90,096 226.50 16:29:38 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
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