01/04/2025 17:37
Issue under the Deferred Bonus Plan ('DBP')
INFORMATION REGLEMENTEE

Gulf Keystone Petroleum Ltd (GKP)
Issue under the Deferred Bonus Plan ('DBP')

01-Apr-2025 / 16:37 GMT/BST



 


1 April 2025


 


 


Gulf Keystone Petroleum Ltd. (LSE: GKP)


(“Gulf Keystone”, “GKP” or “the Company”)


 


Issue under the Deferred Bonus Plan ("DBP")


Director/PDMR Shareholdings


 


 


At the Company's AGM in June 2024, shareholders approved the Gulf Keystone Petroleum 2024 DBP. This provides for 30% of the annual bonus attributable to executive directors to be paid in the form of nil cost options. These will vest after three years. There are no performance conditions other than the executive director must continue to be employed for this period (subject to certain limited exceptions).


 


The following awards were made on 26 March 2025 and the vesting date is 26 March 2028, being the third anniversary from the annual bonus payroll date.


 


 


Name


Position


Number of awards


Jon Harris


Chief Executive Officer


67,810


Gabriel Papineau-Legris


Chief Financial Officer


21,801


 


 


 


Enquiries:


Gulf Keystone:


+44 (0) 20 7514 1400  


Aaron Clark, Head of Investor Relations


& Corporate Communications


 


aclark@gulfkeystone.com


FTI Consulting


+44 (0) 20 3727 1000


Ben Brewerton


Nick Hennis


GKP@fticonsulting.com


 


or visit: 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 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


Jon Harris


2


Reason for the notification


a)


Position/status


Chief Executive 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


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


Grant of nil cost award under the Deferred Bonus Plan


c)


Price(s) and volume(s)


Price(s)


Volume(s)


Nil


67,810


 


d)


Aggregated information


-


Aggregated volume


-


Price


 


 


Single transaction as in 4c) above.



Nil consideration


e)


Date of the transaction


26 March 2025


f)


Place of the transaction


Outside a trading venue


 


1


Details of the person discharging managerial responsibilities/person closely associated


a)


Name


Gabriel Papineau-Legris


2


Reason for the notification


a)


Position/status


Chief Financial 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


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


Grant of nil cost award under the Deferred Bonus Plan


c)


Price(s) and volume(s)


Price(s)


Volume(s)


Nil


21,801


 


d)


Aggregated information


-


Aggregated volume


-


Price


 


 


Single transaction as in 4c) above.



Nil consideration


e)


Date of the transaction


26 March 2025


f)


Place of the transaction


Outside a trading venue


 


 




Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


ISIN: BMG4209G2077
Category Code: MSCM
TIDM: GKP
LEI Code: 213800QTAQOSSTNTPO15
Sequence No.: 380848
EQS News ID: 2110138

 
End of Announcement EQS News Service



















Gulf Keystone Petroleum Ltd (GKP)







Issue under the Deferred Bonus Plan ('DBP')

01-Apr-2025 / 16:37 GMT/BST





 



1 April 2025



 



 



Gulf Keystone Petroleum Ltd. (LSE: GKP)



(“Gulf Keystone”, “GKP” or “the Company”)



 



Issue under the Deferred Bonus Plan (\"DBP\")



Director/PDMR Shareholdings



 



 



At the Company's AGM in June 2024, shareholders approved the Gulf Keystone Petroleum 2024 DBP. This provides for 30% of the annual bonus attributable to executive directors to be paid in the form of nil cost options. These will vest after three years. There are no performance conditions other than the executive director must continue to be employed for this period (subject to certain limited exceptions).



 



The following awards were made on 26 March 2025 and the vesting date is 26 March 2028, being the third anniversary from the annual bonus payroll date.



 



 













Name



Position



Number of awards



Jon Harris



Chief Executive Officer



67,810



Gabriel Papineau-Legris



Chief Financial Officer



21,801


 



 



 



Enquiries:












Gulf Keystone:



+44 (0) 20 7514 1400  



Aaron Clark, Head of Investor Relations



& Corporate Communications



 



aclark@gulfkeystone.com



FTI Consulting



+44 (0) 20 3727 1000



Ben Brewerton



Nick Hennis



GKP@fticonsulting.com


 



or visit: 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 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



Jon Harris



2



Reason for the notification



a)



Position/status



Chief Executive 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



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



Grant of nil cost award under the Deferred Bonus Plan



c)



Price(s) and volume(s)








Price(s)



Volume(s)



Nil



67,810


 



d)



Aggregated information








-



Aggregated volume



-



Price


 



 



Single transaction as in 4c) above.




Nil consideration



e)



Date of the transaction



26 March 2025



f)



Place of the transaction



Outside a trading venue


 













































1



Details of the person discharging managerial responsibilities/person closely associated



a)



Name



Gabriel Papineau-Legris



2



Reason for the notification



a)



Position/status



Chief Financial 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



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



Grant of nil cost award under the Deferred Bonus Plan



c)



Price(s) and volume(s)








Price(s)



Volume(s)



Nil



21,801


 



d)



Aggregated information








-



Aggregated volume



-



Price


 



 



Single transaction as in 4c) above.




Nil consideration



e)



Date of the transaction



26 March 2025



f)



Place of the transaction



Outside a trading venue


 



 














Dissemination of a Regulatory Announcement, transmitted by EQS Group.




The issuer is solely responsible for the content of this announcement.
















ISIN: BMG4209G2077
Category Code: MSCM
TIDM: GKP
LEI Code: 213800QTAQOSSTNTPO15
Sequence No.: 380848
EQS News ID: 2110138





 
End of Announcement EQS News Service








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