Director/PDMR Shareholding
CFO Gabriel Papineau-Legris exercised 41,052 nil-cost share options and sold 19,363 shares for tax.
- Share options exercised 41,052
- Shares sold for tax 19,363
- Shares retained 21,689
- Sale price per share 152.0954p
- Total sale proceeds £29,450.23
- CFO shareholding post-transaction 441,689 shares (0.2%)
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Gulf Keystone announces that it was informed on 21 June 2024 of the following transaction by persons discharging managerial responsibilities ("PDMR").
Mr Gabriel Papineau-Legris, Chief Financial Officer, exercised 41,052 vested nil-cost share options granted under the 2014 Long Term Incentive Plan ("LTIP"). Upon exercise, a proportion of the vested award was sold to pay the tax liability arising upon exercise, while the remainder was retained.
| Name | Position | Share Option Scheme | Options exercised | Shares sold for tax | Shares retained | Average price per share of sale (£) | Date of sale | Shareholding post transaction | Shareholding percentage post transaction (%) | ||||
| Gabriel Papineau-Legris | CFO | 2014 LTIP | 41,052 | 19,363 | 21,689 | 1.520954 | 21-06-2024 | Total – G. Papineau-Legris 441,689 | 0.2 | ||||
| a) | Name | Gabriel Papineau-Legris | |||||||||||
| 2 | Reason for the notification | ||||||||||||
| a) | Position/status | Chief Financial Officer | |||||||||||
| b) | Initial notification/Amendment | Initial notification | |||||||||||
| a) | Name | Gulf Keystone Petroleum Limited | |||||||||||
| b) | LEI | 213800QTAQOSSTNTPO15 | |||||||||||
| b) | Nature of the transaction | Exercise of 41,052 Nil-cost options pursuant to 2014 LTIP (2021 award) 2. Sale of 19,363 shares to cover tax liability | |||||||||||
| c) | Price(s) and volume(s) |
.0954p 41,052 19,363 | |||||||||||
| d) | Aggregated information - Aggregated volume - Price - Total | Price(s) Volume(s) Total 0p 152.0954p 41,052 19,363 £0 £29,450.23 | |||||||||||
| e) | Date of the transaction | 21 June 2024 | |||||||||||
| f) | Place of the transaction | London Stock Exchange |
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