Business
Bonus Shares
Bonus Shares.
About this update from Gulf Keystone Petroleum Limited
[{"type":"text","content":"\n RNS Number : 3074J Gulf Keystone Petroleum Ltd 29 March 2010 \n \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 \n29 March 2010\n \nGulf Keystone Petroleum Ltd. (AIM: GKP)\n(\"Gulf Keystone\" or \"the Company\")\n \nBonus Shares\n \n \nAt a board meeting held on the 26 March 2010, it was resolved to issue 814,036 new common shares of USD 0.01 (the \"Award Shares\") to directors and employees in respect of awards still due for 2007 and 2008 pursuant to and in accordance with the terms of the Company's Executive Bonus Scheme (the \"Scheme\"). \nDetails of directors receiving Award Shares under the Scheme are as follows:\nTodd Kozel 166,667 common shares\nEwen Ainsworth 89,014 common shares\nAli Al-Qabandi 150,000 common shares\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 will be made for admission of the Award Shares to trading on AIM with effect from 6 April 2010. \nFollowing the issue of the Award Shares, the interests of the aforementioned directors in the share capital of the Company is as follows:\n No. of Common Shares Per cent. of enlarged share capital \nTodd Kozel 4,084,448 0.79% \nEwen Ainsworth  ...