REG-Gulf Keystone Petroleum Ltd Director / PDMR Shareholdings
Yesterday 07:02
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Gulf Keystone Petroleum Ltd (GKP)
Director / PDMR Shareholdings
24-Apr-2025 / 07:00 GMT/BST
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24 April 2025
Gulf Keystone Petroleum Ltd. (LSE: GKP)
(“Gulf Keystone”, “GKP”, “the Group” or “the Company”)
Director / PDMR Shareholdings
Gulf Keystone announces that the following persons discharging managerial responsibilities
(“PDMR”) exercised their vested nil-cost share options granted to them in 2022 under the
2014 Long Term Incentive Plan ("LTIP"). Upon exercise, a proportion of their vested awards
was sold to pay the tax liability arising upon exercise, while the remainder was retained.
Market purchases were made through the Company’s Employee Benefit Trust to satisfy the
recent vesting of all LTIP options, including the below PDMR transactions, with no new
shares issued. The total number of voting rights in the Company remains 217,005,286.
Average Shareholding Shareholding
Share Shares price Date post percentage
Name Position Option Options sold Shares per of transaction post
Scheme exercised for retained share sale (number of transaction
tax of sale shares) (%)
(£)
Alasdair 2014 23
Robinson CLO LTIP 47,316 23,742 23,574 1.546 April 186,731 0.09
2025
John 2014 23
Hulme COO LTIP 91,155 42,994 48,161 1.556 April 48,161 0.02
2025
Clare 2014 22
Kinahan CHRO LTIP 47,227 22,275 24,952 1.520 April 57,597 0.03
2025
Enquiries:
Gulf Keystone: +44 (0) 20 7514 1400
Aaron Clark, Head of Investor Relations
& Corporate Communications 1 aclark@gulfkeystone.com
FTI Consulting +44 (0) 20 3727 1000
Ben Brewerton
2 GKP@fticonsulting.com
Nick Hennis
or visit: 3 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 4 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 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 Common shares of $1.00 each in Gulf Keystone Petroleum
a) instrument, type of instrument Limited
Identification code ISIN: BMG4209G2077
1. Exercise of 47,316 nil-cost options pursuant to
2014 LTIP (2022 award)
b) Nature of the transaction
2. Sale of 23,742 shares to cover tax liability
Price(s) Volume(s)
0p 47,316
c) Price(s) and volume(s)
154.6p 23,742
Aggregated information Price(s) Volume(s) Total
0p 47,316 £0
- Aggregated volume
d) - Price 154.6p 23,742 £36,705.13
- Total
e) Date of the transaction 23 April 2025
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name John Hulme
2 Reason for the notification
a) Position/status Chief Operating 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 Common shares of $1.00 each in Gulf Keystone Petroleum
a) instrument, type of instrument Limited
Identification code ISIN: BMG4209G2077
1. Exercise of 91,155 nil-cost options pursuant to
2014 LTIP (2022 award)
b) Nature of the transaction
2. Sale of 42,994 shares to cover tax liability
Price(s) Volume(s)
0p 91,155
c) Price(s) and volume(s)
155.6p 42,994
Aggregated information Price(s) Volume(s) Total
0p 91,155 £0
- Aggregated volume
d) - Price 155.6p 42,994 £66,884.48
- Total
e) Date of the transaction 23 April 2025
f) Place of the transaction London Stock Exchange
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Clare Kinahan
2 Reason for the notification
a) Position/status Chief Human Resources 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 Common shares of $1.00 each in Gulf Keystone Petroleum
a) instrument, type of instrument Limited
Identification code ISIN: BMG4209G2077
1. Exercise of 47,227 nil-cost options pursuant to
2014 LTIP (2022 award)
b) Nature of the transaction
2. Sale of 22,275 shares to cover tax liability
Price(s) Volume(s)
0p 47,227
c) Price(s) and volume(s)
152.0p 22,275
Aggregated information Price(s) Volume(s) Total
0p 47,227 £0
- Aggregated volume
d) - Price 152.0p 22,275 £33,851.63
- Total
e) Date of the transaction 22 April 2025
f) Place of the transaction London Stock Exchange
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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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ISIN: BMG4209G2077
Category Code: MSCM
TIDM: GKP
LEI Code: 213800QTAQOSSTNTPO15
Sequence No.: 384232
EQS News ID: 2122816
End of Announcement EQS News Service
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References
Visible links
1. mailto:aclark@gulfkeystone.com
2. mailto:GKP@fticonsulting.com
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=8d526d3701dabe9a2ff9507b71394df8&application_id=2122816&site_id=reuters~~~787b94c3-8286-43cc-98b3-26b1dc52d810&application_name=news
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=6965f2bb1ddcf50ad2dd09b21a93cfc7&application_id=2122816&site_id=reuters~~~787b94c3-8286-43cc-98b3-26b1dc52d810&application_name=news
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