Business
Director Sale of Shares
Director Sale of Shares.
About this update from Gulf Keystone Petroleum Limited
[{"type":"text","content":"\n RNS Number : 2737T Gulf Keystone Petroleum Ltd 24 September 2010 \n \n\nNot for release, publication or distribution in or into the United States or 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 \n24 September 2010\n \nGulf Keystone Petroleum Ltd. (AIM: GKP)\n(\"Gulf Keystone\" or \"the Company\")\n \nDirector Sale of Shares\n \nGulf Keystone Petroleum Limited (AIM: GKP) announces it received notification that on 23 September 2010 Lord Peter Truscott, a non-executive director of the Company, and his wife sold 33,000 common shares at an average price of £1.44 per share. \n \nFollowing this sale Lord and Lady Truscott are interested in 500,333 common shares representing approximately 0.07% of the common shares in issue, and 100,000 options over common shares under the Company's Share Option Plan.\n \nIn addition, the Company was notified that Mr John Gerstenlauer, an executive director of the Company, today sold 333,333 common shares at an average price of £1.4347 per share. \n \nFollowing this sale Mr Gerstenlauer is interested in 2,000,000 options over common shares under the Company's Share Option Plan. Additional bonus award shares and long term incentive performance share options may be awarded to Mr Gerstenlauer through the Gulf Keystone Employee Benefit Trust at the discretion of the Trustee.\n \n \n \nEnquiries:\n \n\n\n\n\nGulf Keystone Petroleum:\n\n\n+44 (0) 20 7514 1400\n\n\n\n\nTodd Kozel, Executive Chairman\n\n\n\n\n\n\n\nEwen Ainsworth, Chief Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited\n\n\n+44 (0)20 7409 3494\n\n\n\n\nSimon Raggett / Rory Murphy / James Harris\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMirabaud Securities LLP\n\n\n+44 (0)20 7878 3362\n\n\n\n\nPeter Krens\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBrunswick Group LLP\n\n\n+44 (0) 20 7404 5959 \n\n\n\n\nPatrick Handley / Pip Green\n\n\n\n\n\n\n\n \nor visit: www.gulfkeystone.com\n \nNotes to Editors:\n \n§ Gulf Keystone Petroleum Ltd. (AIM: GKP) is an independent oil and gas exploration company focused on exploration in the Kurdistan region of Northern Iraq.\n§ Gulf Keystone Petroleum International (\"GKPI\") holds Pr...