Gulf Keystone Petroleum Ltd Reports Stability in Securities Allotment

Gulf Keystone Petroleum Ltd. provided an update in their recent block listing return for the six-month period ending May 2, 2024. The company, listed on the London Stock Exchange under the ticker GKP, revealed that the balance of unallotted securities under its Deferred Bonus Plan/Long Term Incentive Plan remained unchanged. According to the report, 251,847 common shares of $1 each are still available, the same count as was reported in the previous return.

The document confirmed that no new securities were issued or allotted under the scheme during this period. This stability indicates no significant changes in the company’s employee incentive strategies recently. Gulf Keystone emphasized adherence to the Listing Rules, referencing the specific regulation LR3.5.7G which pertains to the allotment and issuance of securities under such schemes.