Gulf Keystone Petroleum Ltd. Long Term Incentive Plan ("LTIP") Award (5908H)
August 04 2021 - 8:24AM
UK Regulatory
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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