Taconic Capital Advisors Block Sale of Shares (1803Z)
August 29 2018 - 11:35AM
UK Regulatory
TIDMGKP
RNS Number : 1803Z
Taconic Capital Advisors
29 August 2018
Gulf Keystone Petroleum Limited: Block sale of shares.
Taconic Capital Advisors UK LLP ("Taconic") has retained Pareto
Securities as sole bookrunner to explore the opportunity to sell
8,134,938 shares in Gulf Keystone Petroleum Limited (LSE ticker:
GKP) representing 3.55% of outstanding common shares through an
accelerated bookbuilding process (the "Placing").
The Placing will commence immediately following the publication
of this announcement and may be closed at short notice. Taconic
reserves the right, at its own discretion, to sell fewer shares or
no shares at all.
For further information, please contact:
Pareto Securities AS,
+47 22 87 87 50
- - - - -
THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE
UNITED STATES. THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN, AND
WILL NOT BE, REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE 'SECURITIES ACT'), AND MAY NOT BE OFFERED OR SOLD IN
THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION
FROM REGISTRATION UNDER THE SECURITIES ACT. THERE IS NO INTENTION
TO REGISTER ANY SECURITIES REFERRED TO HEREIN IN THE UNITED STATES
OR TO CONDUCT A PUBLIC OFFERING OF SECURITIES IN THE UNITED
STATES.
THE SECURITIES MAY NOT AND WILL NOT BE OFFERED OR SOLD IN
CANADA, JAPAN AND AUSTRALIA.
IN THE UNITED KINGDOM, THIS ANNOUNCEMENT IS DIRECTED ONLY AT,
QUALIFIED INVESTORS (I) WHO ARE 'INVESTMENT PROFESSIONALS' FALLING
WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000
(FINANCIAL PROMOTION) ORDER 2005, AS AMENDED (THE 'ORDER'), OR (II)
PERSONS FALLING WITHIN ARTICLE 49(2)(A)-(D) ('HIGH NET WORTH
COMPANIES, UNINCORPORATED ASSOCIATIONS ETC') OF THE ORDER, ALL SUCH
PERSONS TOGETHER BEING REFERRED TO AS ('RELEVANT PERSONS'). UNDER
NO CIRCUMSTANCES SHOULD PERSONS WHO ARE NOT RELEVANT PERSONS RELY
OR ACT UPON THE CONTENTS OF THIS ANNOUNCEMENT. ANY INVESTMENT OR
INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IN THE
UNITED KINGDOM IS AVAILABLE ONLY TO, AND WILL BE ENGAGED ONLY WITH,
RELEVANT PERSONS.
WITH RESPECT TO THE MEMBER STATES OF THE EUROPEAN ECONOMIC AREA
WHICH HAVE IMPLEMENTED DIRECTIVE 2003/71/EC AS AMENDED (TOGETHER
WITH ANY APPLICABLE IMPLEMENTING MEASURES IN ANY MEMBER STATE, THE
'PROSPECTUS DIRECTIVE') (EACH A 'RELEVANT MEMBER STATE'), NO ACTION
HAS BEEN UNDERTAKEN OR WILL BE UNDERTAKEN TO MAKE AN OFFER TO THE
PUBLIC OF THE SECURITIES REFERRED TO HEREIN REQUIRING THE
PUBLICATION OF A PROSPECTUS IN ANY RELEVANT MEMBER STATE. AS A
RESULT, THESE SECURITIES MAY ONLY BE OFFERED OR SOLD IN ANY
RELEVANT MEMBER STATE PURSUANT TO AN EXEMPTION UNDER THE PROSPECTUS
DIRECTIVE.
THIS ANNOUNCEMENT IS ONLY ADDRESSED TO, AND DIRECTED AT, PERSONS
IN RELEVANT MEMBER STATES WHO ARE 'QUALIFIED INVESTORS' WITHIN THE
MEANING OF ARTICLE 2(1)(E) OF THE PROSPECTUS DIRECTIVE ('QUALIFIED
INVESTORS') OR PURSUANT TO OTHER APPLICABLE EXEMPTIONS FROM THE
PROSPECTUS DIRECTIVE.
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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