Gulf Keystone Petroleum Limited (LSE & OSE: GKP), the oil and gas company operating in the Kurdistan Region of Iraq, has published its block listing six-monthly return for the period from 3 May 2026 to 2 November 2026. The disclosure confirms that no new shares were issued or allotted under the company's Deferred Bonus Plan or Long Term Incentive Plan during the period. The balance of unallotted common shares under the schemes therefore remains unchanged, and investors tracking potential dilution from employee incentive arrangements will note the static position.

Key Points

  • Gulf Keystone Petroleum Limited (LSE & OSE: GKP)
  • Block listing six-monthly return filed covering the period 3 May 2026 to 2 November 2026 under the Deferred Bonus Plan and Long Term Incentive Plan
  • Balance of unallotted common shares of $1 each remains unchanged at 251,847 — no shares were issued or allotted, and no increase to the block scheme was applied for during the period
  • Investors should watch for the next six-monthly return and any future allotments under GKP's employee incentive schemes that could affect share count

GKP's Deferred Bonus Plan and LTIP Show No Movement in Six-Month Period

The announcement, filed on 3 November 2026, relates to Gulf Keystone's obligations under the Listing Rules governing block listing schemes. The return covers two employee incentive arrangements — the Deferred Bonus Plan and the Long Term Incentive Plan — both of which are common mechanisms used by listed companies to align management remuneration with shareholder returns. During the six-month period under review, no securities were issued or allotted under either scheme, and no application was made to increase the size of the block listing. The contact named for enquiries is Alasdair Robinson, Chief Legal Officer and Company Secretary.

Unallotted Common Share Balance Holds Steady at 251,847 Shares of $1 Each

At the close of the reporting period on 2 November 2026, the balance of unallotted common shares of $1 each standing under the schemes remained at 251,847 — identical to the figure carried forward from the previous return. This indicates that no awards vested or were converted into shares during this period, and no additional shares were reserved by way of a new block listing application. For shareholders, the unchanged balance signals no incremental dilution from incentive scheme activity during this particular six-month window.

Gulf Keystone's Kurdistan Operations Provide the Commercial Context for Incentive Scheme Disclosures

Gulf Keystone Petroleum is an independent oil producer primarily focused on the Shaikan Field in the Kurdistan Region of Iraq, where it holds a significant working interest. The company is listed on both the London Stock Exchange and Oslo Stock Exchange. Investor relations enquiries are handled by Aaron Clark, Head of Investor Relations and Corporate Communications. Operational and financial risks specific to Gulf Keystone include the regulatory environment in Kurdistan, oil export infrastructure constraints, and geopolitical factors affecting the region, all of which investors should weigh alongside routine corporate governance disclosures such as this return.