TIDMGBP

RNS Number : 8637A

Global Petroleum Ltd

01 October 2020

1 October 2020

Global Petroleum Limited

("Global" or the "Company")

Director/PDMR Shareholding

Global Petroleum Limited (AIM:GBP) has been notified that on 30 September 2020, the following subscriptions for Ordinary shares of No Par Value in the Company were made:

 
                                                   Price 
                                      No. shares     per      Total         % Issued 
 Shareholder       Position            acquired     share     holding     share capital 
 
 John van der 
  Welle            Chairman           1,000,000    0.75p    1,291,151         0.33 
                   Chief Executive 
 Peter Hill         Officer           2,000,000    0.75p    4,744,472         1.22 
                   Non-Executive 
 Peter Taylor       Director          4,000,000    0.75p    45,629,071       11.72 
                   Non-Executive 
 Peter Blakey       Director          2,000,000    0.75p    41,840,133       10.75 
                   Non-Executive 
 Andrew Draffin     Director           666,667     0.75p     666,667          0.17 
----------------  -----------------  -----------  -------  -----------  --------------- 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The FCA notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail:

 
  1.    Details of Persons Discharging Managerial Responsibilities 
         "PDMR" / person closely associated with them ('PCA') 
=====  =========================================================================== 
 a)     Name                                    John van der Welle 
=====  ===========================  ============================================== 
 2.     Reason for notification 
=====  =========================================================================== 
 b)     Position / status                        Chairman 
=====  ===========================  ============================================== 
 `      Initial notification        Initial notification 
         / amendment 
=====  ===========================  ============================================== 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
=====  =========================================================================== 
 b)     Name                        Global Petroleum Limited 
=====  ===========================  ============================================== 
 c)     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 
         financial instrument 
                                      ISIN: AU000000GBP6 
         Identification code 
=====  ===========================  ============================================== 
 b)     Nature of the transaction     Subscription for shares 
=====  ===========================  ============================================== 
 c)     Price(s) and volume(s)        Price(s)     Volume(s) 
                                            0.75p     1,000,000 
                                                   ------------ 
=====  ===========================  ============================================== 
        Aggregated information       1,000,000 
         Aggregated volume 
 d)      price                        0.75p 
=====  ===========================  ============================================== 
 e)     Date of the transaction      30 September 2020 
=====  ===========================  ============================================== 
 f)     Place of the transaction     London Stock Exchange, Alternative Investment 
                                      Market (AIM) 
=====  ===========================  ============================================== 
 
 
  1.    Details of Persons Discharging Managerial Responsibilities 
         "PDMR" / person closely associated with them ('PCA') 
=====  =========================================================================== 
 a)     Name                                    Peter Hill 
=====  ===========================  ============================================== 
 2.     Reason for notification 
=====  =========================================================================== 
 b)     Position / status                        Chief Executive Officer 
=====  ===========================  ============================================== 
 `      Initial notification        Initial notification 
         / amendment 
=====  ===========================  ============================================== 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
=====  =========================================================================== 
 b)     Name                        Global Petroleum Limited 
=====  ===========================  ============================================== 
 c)     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 
         financial instrument 
                                      ISIN: AU000000GBP6 
         Identification code 
=====  ===========================  ============================================== 
 b)     Nature of the transaction     Subscription for shares 
=====  ===========================  ============================================== 
 c)     Price(s) and volume(s)        Price(s)     Volume(s) 
                                            0.75p     2,000,000 
                                                   ------------ 
=====  ===========================  ============================================== 
 d)     Aggregated information       2,000,000 
   Aggregated volume 
    price                             0.75p 
 =================================  ============================================== 
 e)     Date of the transaction      30 September 2020 
=====  ===========================  ============================================== 
 f)     Place of the transaction     London Stock Exchange, Alternative Investment 
                                      Market (AIM) 
=====  ===========================  ============================================== 
 
 
  1.    Details of Persons Discharging Managerial Responsibilities 
         "PDMR" / person closely associated with them ('PCA') 
=====  =========================================================================== 
 a)     Name                                     Peter Taylor 
=====  ===========================  ============================================== 
 2.     Reason for notification 
=====  =========================================================================== 
 b)     Position / status                        Non-Executive Director 
=====  ===========================  ============================================== 
 `      Initial notification        Initial notification 
         / amendment 
=====  ===========================  ============================================== 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
=====  =========================================================================== 
 b)     Name                        Global Petroleum Limited 
=====  ===========================  ============================================== 
 c)     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 
         financial instrument 
                                      ISIN: AU000000GBP6 
         Identification code 
=====  ===========================  ============================================== 
 b)     Nature of the transaction     Subscription for shares 
=====  ===========================  ============================================== 
 c)     Price(s) and volume(s)        Price(s)     Volume(s) 
                                            0.75p     4,000,000 
                                                   ------------ 
=====  ===========================  ============================================== 
 d)     Aggregated information       4,000,000 
   Aggregated volume 
    price                             0.75p 
 =================================  ============================================== 
 e)     Date of the transaction      30 September 2020 
=====  ===========================  ============================================== 
 f)     Place of the transaction     London Stock Exchange, Alternative Investment 
                                      Market (AIM) 
=====  ===========================  ============================================== 
 
 
  1.    Details of Persons Discharging Managerial Responsibilities 
         "PDMR" / person closely associated with them ('PCA') 
=====  =========================================================================== 
 a)     Name                                    Peter Blakey 
=====  ===========================  ============================================== 
 2.     Reason for notification 
=====  =========================================================================== 
 b)     Position / status                       Non-Executive Director 
=====  ===========================  ============================================== 
 `      Initial notification        Initial notification 
         / amendment 
=====  ===========================  ============================================== 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
=====  =========================================================================== 
 b)     Name                        Global Petroleum Limited 
=====  ===========================  ============================================== 
 c)     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 
         financial instrument 
                                      ISIN: AU000000GBP6 
         Identification code 
=====  ===========================  ============================================== 
 b)     Nature of the transaction     Subscription for shares 
=====  ===========================  ============================================== 
 c)     Price(s) and volume(s)        Price(s)     Volume(s) 
                                            0.75p     2,000,000 
                                                   ------------ 
=====  ===========================  ============================================== 
 d)     Aggregated information       2,000,000 
   Aggregated volume 
    price                             0.75p 
 =================================  ============================================== 
 e)     Date of the transaction      30 September 2020 
=====  ===========================  ============================================== 
 f)     Place of the transaction     London Stock Exchange, Alternative Investment 
                                      Market (AIM) 
=====  ===========================  ============================================== 
 
 
  1.    Details of Persons Discharging Managerial Responsibilities 
         "PDMR" / person closely associated with them ('PCA') 
=====  =========================================================================== 
 a)     Name                                    Andrew Draffin 
=====  ===========================  ============================================== 
 2.     Reason for notification 
=====  =========================================================================== 
 b)     Position / status                       Non-Executive Director 
=====  ===========================  ============================================== 
 `      Initial notification        Initial notification 
         / amendment 
=====  ===========================  ============================================== 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
=====  =========================================================================== 
 b)     Name                        Global Petroleum Limited 
=====  ===========================  ============================================== 
 c)     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 
         financial instrument 
                                      ISIN: AU000000GBP6 
         Identification code 
=====  ===========================  ============================================== 
 b)     Nature of the transaction     Subscription for shares 
=====  ===========================  ============================================== 
 c)     Price(s) and volume(s)        Price(s)     Volume(s) 
                                            0.75p     666,667 
                                                   ---------- 
=====  ===========================  ============================================== 
 d)     Aggregated information       666,667 
   Aggregated volume 
    price                             0.75p 
 =================================  ============================================== 
 e)     Date of the transaction      30 September 2020 
=====  ===========================  ============================================== 
 f)     Place of the transaction     London Stock Exchange, Alternative Investment 
                                      Market (AIM) 
=====  ===========================  ============================================== 
 
 
                                                   +44 (0) 20 3 875 
 Global Petroleum Limited                           9255 
 Peter Hill, Managing Director & CEO 
  Andrew Draffin, Company Secretary 
 
 Panmure Gordon (UK) Limited (Nominated Adviser    +44 (0) 20 7886 
  & Sole Broker)                                    2500 
 Corporate Finance: Nicholas Harland / Nick 
  Lovering / Ailsa Macmaster 
  Corporate Broking: Hugh Rich 
 
 Tavistock (Financial PR & IR)                     +44 (0) 20 7920 
  Simon Hudson / Nick Elwes / Barney Hayward        3150 
 

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END

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October 01, 2020 10:51 ET (14:51 GMT)

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