TIDMGKP

RNS Number : 5908H

Gulf Keystone Petroleum Ltd.

04 August 2021

4 August 2021

Gulf Keystone Petroleum Ltd. (LSE: GKP)

("Gulf Keystone", "GKP" or "the Company")

Long Term Incentive Plan ("LTIP") Award

Gulf Keystone announces that, pursuant to the 2014 Gulf Keystone Long Term Incentive Plan, an award of 98,077 nil-cost options ("the Award") was granted on 2 August 2021 ("the Award Date") to Clare Kinahan following her appointment as HR Director. Clare replaces Jane Barker who will be retiring in September 2021.

The quantum of options awarded was based on a price of 166.4p, being the closing mid-market price of the Company on 2 August 2021. The Award will vest in accordance with performance conditions on 2 August 2024, being the third anniversary from the Award Date.

Enquiries:

 
 Gulf Keystone:                             +44 (0) 20 7514 1400 
 Aaron Clark, Head of Investor Relations    aclark@gulfkeystone.com 
 
 Celicourt Communications:                  +44 (0) 20 8434 2754 
 Mark Antelme                               GKP@Celicourt.uk 
  Jimmy Lea 
 

or visit: www.gulfkeystone.com

This notification is made in accordance with the Market Abuse Regulation.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   Clare Kinahan 
     ---------------------  --------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status        HR Director 
     ---------------------  --------------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
     ---------------------  --------------------------------------------- 
 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            Common shares of $1.00 each 
       of the financial 
       instrument, 
       type of instrument     ISIN: BMG4209G2077 
       Identification 
       code 
     ---------------------  --------------------------------------------- 
 b)   Nature of               Grant of nil cost award under the 2014 Long 
       the transaction         Term Incentive Plan 
     ---------------------  --------------------------------------------- 
 c)   Price(s) and            Price(s)    Volume(s) 
       volume(s) 
                               Nil         98,077 
     ---------------------  --------------------------------------------- 
 d)   Aggregated 
       information 
       - Volume 
       - Price                 Single transaction as in 4c) above 
 
                               Nil consideration 
     ---------------------  --------------------------------------------- 
 e)   Date of the            2 August 2021 
       transaction 
     ---------------------  --------------------------------------------- 
 f)   Place of the           Outside a trading venue 
       transaction 
     ---------------------  --------------------------------------------- 
 

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END

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August 04, 2021 08:24 ET (12:24 GMT)

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