Global Petroleum Ltd Director/PDMR Shareholding (6510O)

TIDMGBP

RNS Number : 6510O

Global Petroleum Ltd

02 June 2020

2 June 2020

Global Petroleum Limited

("Global" or the "Company")

Director/PDMR Shareholding

Global Petroleum Limited (ASX: GBP, AIM: GBP) announces that it received notice on 1 June 2020 that Mrs Susan Taylor, the spouse of Peter Taylor, a non-executive director of the Company, transferred 1,556,000 ordinary shares of no par value in the Company ("Ordinary Shares") to Peter Taylor at a price of 1p per Ordinary Share, on 1 June 2020.

Following the transfer, Peter Taylor's total beneficial interest in the Company remains 41,629,071 Ordinary Shares, representing 20.54% of the total voting rights of the Company.

The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to the purchase of Ordinary Shares.

For further information please visit www.globalpetroleum.com.au or contact:

 
 Global Petroleum Limited 
 Peter Hill, Managing Director & CEO            [phone] 
 Andrew Draffin, Company Secretary               [phone] 
 Cantor Fitzgerald Europe (Nominated Adviser 
  & Joint Broker) 
 David Porter/Rick Thompson                     [phone] 
 Tavistock (Financial PR & IR) 
 Simon Hudson / Nick Elwes/ Barney Hayward      [phone] 
 
 
 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                                  Peter Tayor / spouse Mrs Susan Taylor 
       ------------------------------------  -------------------------------------------- 
 2      Reason for the notification 
       ---------------------------------------------------------------------------------- 
 a)     Position/status                        Non-executive director 
       ------------------------------------  -------------------------------------------- 
 b)     Initial notification                   Initial Notification 
         /Amendment 
       ------------------------------------  -------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ---------------------------------------------------------------------------------- 
 a)     Name                                   Global Petroleum Limited 
       ------------------------------------  -------------------------------------------- 
 b)     LEI                                   261700ZCFL0J30FEAY97 
       ------------------------------------  -------------------------------------------- 
 4      Details of the transaction(s): section to be repeated for 
         (i) each type of instrument; (ii) each type of transaction; 
         (iii) each date; and (iv) each place where transactions have 
         been conducted 
       ---------------------------------------------------------------------------------- 
 a)     Description of the                    Ordinary Shares of no par value in the 
         financial instrument,                 Company ("Ordinary Shares") 
         type of instrument 
       ------------------------------------  -------------------------------------------- 
 
        Identification code                   ISIN: AU000000GBP6 
       ------------------------------------  -------------------------------------------- 
 
 b)     Nature of the transaction             Transfer of Ordinary Shares 
       ------------------------------------  -------------------------------------------- 
 c)     Price(s) and volume(s)                  Price(s)             Volume(s) 
----   ------------------------------------   -------------------  -------------------- 
                                               1p                   1,556,000 
   -----------------------------------------  -------------------  -------------------- 
 
 d)     Aggregated information 
       -------------------------------------  ------------------------------------------- 
 
   - Aggregated volume                   1,556,000 
  ------------------------------------  ------------------------------------------------- 
 
   - Price                               1p 
  ------------------------------------  ------------------------------------------------- 
 
 e)     Date of the transaction               1 June 2020 
       ------------------------------------  -------------------------------------------- 
 f)     Place of the transaction              LSE, AIM 
       ------------------------------------  -------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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June 02, 2020 02:00 ET (06:00 GMT)