Gulf Keystone share transfer
First - a recent release from Gulf Keystone Petroleum concerning the CEO - Mr Todd F Kozel disposing of 10 million shares - the bulk of his holding:
Director's Shareholdings
Gulf Keystone was informed on 19 April 2013 by Mr Todd F Kozel ("Mr Kozel"), Executive Chairman and Chief Executive Officer of the Company, that on 19 April 2013 he transferred ten million (10,000,000) common shares of USD 0.01 in the Company to a third party, in respect of a repayment in full under a financing arrangement, at a price of £1.6875 per share. Mr Kozel no longer has any interest in the common shares transferred. Mr Kozel has no present intention of disposing of the balance of his common shares.
As a result of the transfer of common shares, Mr Kozel now holds:
Common shares held directlyInterests in common shares held subject to the discretion of the EBT Trustee% of enlarged issued share capitalNumber of options over common shares under the Share Option PlanTodd Kozel255,004-0.0313,961,473
Second - An old video of Todd Kozel being interviewed on CNBC Europe.
http://video.cnbc.com/gallery/?video=3000042718
No further comment.
John