Geopark Holdings Limited Non Executive Directors' Fees (3997D)
27 April 2013 - 1:55AM
UK Regulatory
TIDMGPK
RNS Number : 3997D
Geopark Holdings Limited
26 April 2013
26 April 2013
GEOPARK HOLDINGS LIMITED
("GeoPark" or the "Company")
Non Executive Directors' Fees
GeoPark announces that, pursuant to Rule 21 of the AIM Rules for
Companies, Steven Quamme, Juan Cristobal Pavez, Peter Ryalls and
Carlos Gulisano, Non Executive Directors of the Company, have each
entered into binding commitments with the Company to receive all
future directors' fees (the "Fees") in the proportions of cash and
ordinary shares of US$0.001 each (the "Shares") as set out below.
The Fees shall be payable in arrears in equal installments on 15
February, 15 May, 15 August and 15 November each year. The number
of Shares to be issued shall be determined by using the following
formula:
fixed quarterly director fee (less any tax and social security
contributions)
Number of Shares = ----------------------------------------------
The average daily closing price of a Share for the relevant
quarter
Non Executive Director % in Shares % in Cash
======================== ============ ==========
Steven Quamme 50 50
======================== ============ ==========
Juan Cristobal Pavez 50 50
======================== ============ ==========
Peter Ryalls 50 50
======================== ============ ==========
Carlos Gulisano 0 100%
------------------------ ------------ ----------
GeoPark confirms that it currently has no unpublished price
sensitive information and is not in a close period as defined in
the AIM Rules for Companies.
GeoPark can be visited online at www.geo-park.com
For further information please contact:
GeoPark Holdings Limited
Juan Pablo Spoerer (Chile)
Pablo Ducci (Chile) +56 2 2242 9600
Oriel Securities - Nominated Adviser and
Joint Broker
Michael Shaw (London) +44 (0)20 7710 7600
Tunga Chigovanyika (London)
Macquarie Capital (Europe) Limited - Joint
Broker
Steve Baldwin (London) +44 (0)20 3037 2000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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