Business
Additional Listing & Award of
Additional Listing & Award of.
About this update from Gulf Keystone Petroleum Limited
[{"type":"text","content":"\n RNS Number : 0036P Gulf Keystone Petroleum Ld 17 March 2009 \n \nNot for release, publication or distribution in or into jurisdictions other than the United Kingdom and Bermuda where to do so would constitute a contravention of the relevant laws of such jurisdiction\n\n\n\n17 March 2009\n\nGulf Keystone Petroleum Ltd.\n(\"Gulf Keystone\" or \"the Company\")\n\nAdditional Listing & Award of Options \n\nAt a board meeting held on the 16th March 2009, it was resolved to award 985,906 new common shares of USD 0.01 (the \"award Shares\") to employees pursuant to the Company's Executive Bonus Scheme (the \"Scheme\"). \n\nThe award Shares will be issued fully paid and will rank pari passu in all respects with the existing issued common shares of the Company. Application has been made for admission of the award Shares to trading on AIM with effect from 20 March 2009. \n\nDetails of directors receiving award Shares under the Scheme are as follows:\n\nTodd Kozel 166,667 common shares\nEwen Ainsworth 95,767 common shares\nAli Al-Qabandi 150,000 common shares\n\nIn addition, the board meeting also resolved, under Gulf Keystone's Unapproved Share Option Plan (the \"Plan\"), a cancellation of options granted under the Plan prior to December 2007 and a grant of new options. Details of directors granted new options under the Plan, after cancellation of options granted prior to December 2007, are as follows:\n\n\n\n\n\n\n\n\nNew options granted\n\n\nExercise price\n\n\nOptions cancelled\n\n\nExercise price\n\n\n\n\nTodd Kozel\n\n\n3,000,000\n\n\n30p\n\n\n2,650,000\n\n\n48p\n\n\n\n\nAli Al-Qabandi\n\n\n1,000,000\n\n\n30p\n\n\n500,000\n\n\n48p\n\n\n\n\n\n \n\nEnquiries\n\nGulf Keystone Petroleum: +44 (0) 20 7514 1400Todd Kozel, Executive Chairman\nEwen Ainsworth, Chief Financial Officer\n\nRBC Capital M...