Gulf Keystone Petroleum Announces New Share Issuance Under LTIP

Gulf Keystone Petroleum Ltd. (GKP), a key independent operator in Iraqi Kurdistan, has announced the issue of 255,000 common shares to facilitate the exercise of vested options under its Long Term Incentive Plan (LTIP). These shares, each valued at $1.00, are slated for admission to the Financial Conduct Authority's Official List and the London Stock Exchange's main market by 19th April 2024.

The new shares will be fully paid and rank equally in all respects with the existing issued common shares of the company. This issuance will increase the total voting rights in Gulf Keystone to 222,698,655. Shareholders can use this total as a reference for disclosures under the FCA’s Disclosure and Transparency Rules.