Gulf Keystone Petroleum Ltd (GKP) 
Director / PDMR Shareholdings 
29-Sep-2023 / 15:25 GMT/BST 
=---------------------------------------------------------------------------------------------------------------------- 
 
 
29 September 2023 
 
 
Gulf Keystone Petroleum Ltd. (LSE: GKP) 
("Gulf Keystone", "GKP", "the Group" or "the Company") 
 
Director / PDMR Shareholdings 
 
 
Gulf Keystone announces that it was informed on 29 September 2023 of the following share transactions with respect to 
persons discharging managerial responsibilities ("PDMR"). With respect to the 2014 Long Term Incentive Plan ("LTIP"), 
the PDMRs have exercised their vested nil-cost share options granted to them. All PDMRs sold a proportion of the vested 
award to pay the tax liability arising upon exercise. 
 
                                                           Average             Further   Price per                            Shareholding 
                         Share  Options   Shares  Shares   price    Date of    Shares    share     Date of    Shareholding    percentage 
Name            Position Option exercised sold    retained per      sale       purchased purchased purchase / post            post 
                         Scheme           for tax          share of            /(sold)   /(sold)   sale       transaction     transaction 
                                                           sale (GBP)                      (GBP)                                  (%) 
                                                                                                              Total - I. 
Ian Weatherdon  CFO      2014   1,190,379 561,444 628,935  1.010295 27-09-2023 -         -         -          Weatherdon      0.30 
                         LTIP 
                                                                                                              679,047* 
                                                                                                              Total - G. 
Gabriel         CCO      2014   532,835   251,313 281,522  1.010295 27-09-2023 1,121     1.013593  28-09-2023 Papineau-Legris 0.18 
Papineau-Legris          LTIP 
                                                                                                              400,000** 
                                                                                                              Total - A. 
Alasdair        CLO      2014   342,766   168,546 174,220  1.010295 27-09-2023 (84,091)  1.012428  28-09-2023 Robinson        0.07 
Robinson                 LTIP 
                                                                                                              150,000** 

* 50,112 common shares owned prior to transaction

** 117,357 common shares owned prior to transactions

*** 59,871 common shares owned prior to transactions

Enquiries:

Gulf Keystone:                           +44 (0) 20 7514 1400 
Aaron Clark, Head of Investor Relations 
& Corporate Communications               aclark@gulfkeystone.com 
 
FTI Consulting                           +44 (0) 20 3727 1000 
Ben Brewerton 
                                         GKP@fticonsulting.com 
Nick Hennis 

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

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.

              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 
 
              Description of the financial instrument, Common shares of USD1.00 each in Gulf Keystone Petroleum Limited 
a)            type of instrument 
 
 
                                                       ISIN: BMG4209G2077 
              Identification code 
                                                        1. Exercise of 1,190,379 nil-cost options pursuant to 
                                                           2014 LTIP (2020 award) 
b)            Nature of the transaction 
                                                        2. Sale of 561,444 shares to cover tax liability 
 
                                                       Price(s)       Volume(s) 
                                                       0p             1,190,379 
c)            Price(s) and volume(s) 
                                                       101.0295p      561,444 

Aggregated information

              -             Aggregated volume 
                                                       0p            1,190,379                        GBP0 
d)         -             Price 
                                                       101.0295p          561,444               GBP567,224.07 
              -             Total 

e) Date of the transaction 27 September 2023

f) Place of the transaction London Stock Exchange

              Details of the person discharging managerial responsibilities/person closely associated 
1 
 
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 
              Description of the financial instrument, Common shares of USD1.00 each in Gulf Keystone Petroleum Limited 
              type of instrument 
a) 
 
                                                       ISIN: BMG4209G2077 
              Identification code 
                                                        1. Exercise of 532,835 nil-cost options pursuant to 
                                                           2014 LTIP (2020 award) 
b)            Nature of the transaction 
 
                                                       2.  Sale of 251,313 shares to cover tax liability 
                                                       Price(s)       Volume(s) 
                                                       0p             532,835 
c)            Price(s) and volume(s) 
                                                       101.0295p      251,313 

Aggregated information

              -             Aggregated volume 
                                                       0p            532,835                         GBP0 
d)         -             Price 
                                                       101.0295p           251,313               GBP253,900.27 
              -             Total 

e) Date of the transaction 27 September 2023

f) Place of the transaction London Stock Exchange

 1            Details of the person discharging managerial responsibilities / person closely associated 
a)            Name                                     Alasdair Robinson 
2             Reason for the notification 
a)            Position/status                          Chief Legal 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 
 
              Description of the financial instrument, Common shares of USD1.00 each in Gulf Keystone Petroleum Limited 
a)            type of instrument 
 
 
                                                       ISIN: BMG4209G2077 
              Identification code 
                                                        1. Exercise of 342,766 Nil-cost options pursuant to 
                                                           2014 LTIP (2020 award) 
b)            Nature of the transaction 
 
                                                       2.  Sale of 168,546 shares to cover tax liability 
                                                       Price(s)       Volume(s) 
                                                       0p             342,766 
c)            Price(s) and volume(s) 
                                                       101.0295p      168,546 

Aggregated information

              -             Aggregated volume 
                                                       0p            342,766                          GBP0 
d)         -             Price 
                                                       101.0295p          168,546               GBP170,281.18 
              -             Total 

e) Date of the transaction 27 September 2023

f) Place of the transaction London Stock Exchange

              Details of the person discharging managerial responsibilities/person closely associated 
1 
 
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 
              Description of the financial instrument, type of    Common shares of USD1.00 each in Gulf Keystone 
              instrument                                          Petroleum Limited 
a) 
 
              Identification code                                 ISIN: BMG4209G2077 
b)            Nature of the transaction                           1.  Purchase of 1,121 common shares 
                                                                  Price(s)       Volume(s) 
c)            Price(s) and volume(s)                              101.3593p      1,121 

Aggregated information

              -             Aggregated volume 
                                                                  101.3593p           1,121 
d)         -             Price                                               GBP1,136.24 

e) Date of the transaction 28 September 2023

f) Place of the transaction London Stock Exchange

              Details of the person discharging managerial responsibilities / person closely associated 
a)            Name                                                Alasdair Robinson 
2             Reason for the notification 
a)            Position/status                                     Chief Legal 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 
 
              Description of the financial instrument, type of    Common shares of USD1.00 each in Gulf Keystone 
a)            instrument                                          Petroleum Limited 
 
              Identification code                                 ISIN: BMG4209G2077 
b)            Nature of the transaction                           1.  Sale of 84,091 common shares 
                                                                  Price(s)       Volume(s) 
c)            Price(s) and volume(s)                              101.2428p      84,091 

Aggregated information

              -             Aggregated volume                     Price(s)      Volume(s)                     Total 
d)         -             Price                                 101.2428p          84,091                  GBP85,136.08 

e) Date of the transaction 28 September 2023

f) Place of the transaction London Stock Exchange

----------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

-----------------------------------------------------------------------------------------------------------------------

ISIN:          BMG4209G2077 
Category Code: MSCH 
TIDM:          GKP 
LEI Code:      213800QTAQOSSTNTPO15 
Sequence No.:  275011 
EQS News ID:   1738451 
 
End of Announcement  EQS News Service 
=------------------------------------------------------------------------------------
 

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1738451&application_name=news

 

(END) Dow Jones Newswires

September 29, 2023 10:25 ET (14:25 GMT)

Gulf Keystone Petroleum (LSE:GKP)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Gulf Keystone Petroleum Charts.
Gulf Keystone Petroleum (LSE:GKP)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Gulf Keystone Petroleum Charts.