Business
Exercise of Options
Exercise of Options.
About this update from Gulf Keystone Petroleum Limited
[{"type":"text","content":"\n \nRNS Number : 6902V Gulf Keystone Petroleum Ltd. 17 December 2013 \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 \n17 December 2013\n \nGulf Keystone Petroleum Ltd. (AIM: GKP)\n(\"Gulf Keystone\" or \"the Company\")\n \nExercise of Options\n \nThe Company has been notified by a former employee on 12 December 2013 of the exercise of options under the Company's Unapproved Share Option Plan.\n \nConsequently the Board has approved on 12 December 2013 the issue of 250,000 new common shares of US$0.01 each (\"Option Shares\") raising gross proceeds of £201,875 at an exercise price of 80.75 pence per share.\n \nFollowing the issue of the Option Shares, the total issued share capital of Gulf Keystone and the total voting rights will be 888,933,057 common shares.\n \nThe above figure of 888,933,057 common shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Gulf Keystone under the FCA's Disclosure and Transparency Rules.\n \nApplication will be made to the London Stock Exchange for the Option Shares to be admitted to trading on AIM. It is expected that admission of the Option Shares to AIM will become effective, and dealings in the Option Shares will commence on AIM, at 8.00 a.m. on 20 December 2013.\n \nEnquiries:\n \n\n\n\n\nGulf Keystone Petroleum\n\n\n+44 (0) 20 7514 1400\n\n\n\n\nTodd Kozel, Chief Executive Officer\n\n\n\n\n\n\n\nEwen Ainsworth, Finance Director\n\n\n\n\n\n\n\nAnastasia Vvedenskaya, Investor Relations\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\nStuart Faulkner / James Harris / Rory Murphy \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\nBell Pottinger\n\n\n+44 (0) 20 7861 3232 \n\n\n\n\nMark Antelme / Henry Lerwill\n\n\n\n\n\n\n\n \nor visit: http://www.gulfkeystone.com/ \n \nNotes to Editors:\n§ Gulf Keystone Petroleum Ltd. (AIM: GKP) is an independent oil a...