Director/PDMR Shareholding
In brief · summary, not quotable
Chief HR Officer exercised 61,788 nil-cost share options and sold 29,143 shares to cover tax.
- Share options exercised 61,788
- Shares sold for tax 29,143
- Shares retained 32,645
- Sale price per share £1.255986
- Total sale proceeds £36,603.20
- Shareholding post transaction 0.02%
Full announcement
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Gulf Keystone announces that it was informed on 29 August 2024 of the following transaction by persons discharging managerial responsibilities ("PDMR").
Clare Kinahan, Chief HR Officer, exercised 61,788 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 (%) | ||||
| Clare Kinahan | CHRO | 2014 LTIP | 61,788 | 29,143 | 32,645 | £1.255986 | 29-08-2024 | Total – C. Kinahan 32,645 | 0.02 | ||||
| a) | Name | Clare Kinahan | |||||||||||
| 2 | Reason for the notification | ||||||||||||
| a) | Position/status | Chief HR Officer | |||||||||||
| b) | Initial notification/Amendment | Initial notification | |||||||||||
| a) | Name | Gulf Keystone Petroleum Limited | |||||||||||
| b) | LEI | 213800QTAQOSSTNTPO15 | |||||||||||
| a) | Description of the financial instrument, type of instrument Identification code | Common shares of $1.00 each in Gulf Keystone Petroleum Limited ISIN: BMG4209G2077 | |||||||||||
| b) | Nature of the transaction | Exercise of 61,788 Nil-cost options pursuant to 2014 LTIP (2021 award) 2. Sale of 29,143 shares to cover tax liability | |||||||||||
| c) | Price(s) and volume(s) |
.5986p 61,788 29,143 | |||||||||||
| d) | Aggregated information - Aggregated volume - Price - Total | Price(s) Volume(s) Total 0p 125.5986p 61,788 29,143 £0 £36,603.20 | |||||||||||
| e) | Date of the transaction | 29 August 2024 | |||||||||||
| f) | Place of the transaction | London Stock Exchange |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.