Gulf Keystone Announces Long Term Incentive Plan ("LTIP") Award

Source: www.gulfoilandgas.com 8/4/2021, Location: Middle East

Gulf Keystone announces that, pursuant to the 2014 Gulf Keystone Long Term Incentive Plan, an award of 98,077 nil-cost options ("the Award") was granted on 2 August 2021 ("the Award Date") to Clare Kinahan following her appointment as HR Director. Clare replaces Jane Barker who will be retiring in September 2021.

The quantum of options awarded was based on a price of 166.4p, being the closing mid-market price of the Company on 2 August 2021 . The Award will vest in accordance with performance conditions on 2 August 2024 , being the third anniversary from the Award Date.


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