Business
Retail offering successfully completed and up...
Gulf Keystone Petroleum Ltd. has successfully completed its retail offering, placing 512,463 Offer Shares at NOK 22.10 each, raising approximately NOK 11.3 million (GBP 0.87 million) and welcoming around 700 new shareholders. This offering was part of the company's intention to dual list on Euronext Growth Oslo, with the Offer Shares expected to commence trading on February 18, 2026, alongside admission to trading on the LSE Main Market. The company also plans to implement cross-border share transfer arrangements in early April 2026 and intends to uplist to the OSE's Main Market in due course. Disclaimer*
About this update from Gulf Keystone Petroleum Limited
[{"type":"text","content":"\n \n \n \n\n\t\n\n\n\n\n\n\n\n\n\n\n\nGulf Keystone Petroleum Ltd (GKP)\n\n\n\n\n\n\nRetail offering successfully completed and update on Euronext Growth Oslo listing 13-Feb-2026 / 18:20 GMT/BST\n\n\n \n\n \n\n \n\n \n\n \n\nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA OR JAPAN OR IN ANY JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT A PROSPECTUS AND DOES NOT CONSTITUTE A PUBLIC OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.\n\n \n\n \n\n13 February 2026\n\n \n\n \n\nGulf Keystone Petroleum Ltd: (LSE: GKP)\n\n(“Gulf Keystone”, “GKP” or “the Company”)\n\n \n\nRetail offering successfully completed and update on Euronext Growth Oslo listing \n\n \n\n \n\nGulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, is pleased to announce the completion of the retail offering in connection with its intention to complete a dual listing of the Company’s shares on Euronext Growth Oslo operated by the Oslo Stock Exchange (\"OSE\") (the \"Listing\").\n\n \n\nThe Private Placement\n\n \n\nOn 4 February 2026, the Company announced the launch of a retail offering of a small number of new shares in the Company (the “Offer Shares”) of up to the NOK equivalent of EUR 1 million, equal to approximately GBP 0.87 million (the “Private Placement”), in order to satisfy relevant OSE listing requirements. The Private Placement was fully underwritten by one of the Company’s large shareholders (the “Underwriter”).\n\n \n\nThe Company is pleased to announce that the Offer Shares have been successfully placed and to welcome approximately 700 new shareholders through the allocation of 512,463 Offer Shares. The retail offering was multiple times oversubscribed.\n\n \n\nThe Offer Shares will be issued at a subscription price of NOK 22.10 per Offer Share (the “Offer Price”), raising gross proceeds of approximately NOK 11.3 million (approximately GBP 0.87 million). The Offer Price represents a discount of 10% to the volume-weighted-average price (VWAP) of the Company’s shares trading on the London Stock Exchange (“LSE”) during the application period (rounded down to the nearest one...