Gulf Keystone announced on 19 March 2026 the declaration of a $12.5 million
interim dividend, equivalent to $0.0575 per Common Share of the Company. The
dividend will be paid on 27 April 2026 to those shareholders that were on the
register of members of the Company as at 10 April 2026.
Payment information for OSE, LSE and certificated shareholders
OSE shareholders
Shareholders of GKP shares trading on Euronext Growth Oslo operated by the Oslo
Stock Exchange ("OSE") will receive NOK 0.5368 per Common Share, based on the
conversion of USD into NOK at a rate of $1:NOK 9.3350 prevailing on 21 April
2026.
LSE shareholders holding CREST Depositary Interests
As previously announced, following the implementation on 1 April 2026 of cross
border transfers between the London Stock Exchange ("LSE") and the OSE, GKP
shares trading on the LSE are now settled by CREST Depositary Interests ("CDIs")
issued by Euroclear UK & International Limited ("Euroclear"). The CDIs are held
in a nominee account for Euroclear registered in the Norwegian VPS.
As the Norwegian VPS does not allow dividend payments in any currency other than
NOK, the Company is prevented from offering a currency election for CDI holders
and consequently the Euroclear nominee account will be paid NOK 0.5368 per
Common Share. CDI holders will in turn receive the equivalent of NOK 0.5368 per
Common share in EUR, GBP or USD according to the preferred payment currency of
their CREST account.
Where a CREST participant has not explicitly set a preferred CREST currency, the
system will follow alphabetical order of eligible currencies as set out in the
Euroclear International Service Description. This means payment would default to
EUR (if the participant can receive EUR), or GBP if not, and finally USD if no
EUR or GBP payment account is linked to the CREST account. Shareholders are
encouraged to contact their broker or nominee account to confirm their final
payment currency for the interim dividend.
Certificated shareholders
Certificated shareholders continue to be able to select payment in either GBP or
USD according to their currency election preference. Certificated shareholders
receiving dividends in GBP will receive £0.0425 per Common Share, based on the
exchange rate of $1:£0.7399 prevailing on 21 April 2026.
Enquiries:
Gulf Keystone:
Aaron Clark, Head of Investor Relations & Corporate Communications
aclark@gulfkeystone.com
+44 (0) 20 7514 1400