Director/PDMR Shareholding

RNS Number : 4269R

Global Petroleum Ltd

19 November 2012

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity GLOBAL PETROLEUM LIMITED

ABN 68 064 120 896

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Robert Arnott
Date of last notice	4 October 2012

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.
Date of change	13 November 2012
No. of securities held prior to change	Nil
Class	Incentive Options
Number acquired	(a) 250,000 Incentive Options exercisable at $0.25 each on or before 1 April 2015, vesting 1 April 2013; (b) 290,000 Incentive Options exercisable at $0.30 each on or before 1 October 2015, vesting 1 October 2013; (c) 290,000 Incentive Options exercisable at $0.35 each on or before 1 April 2016, vesting 1 April 2014; and (d) 170,000 Incentive Options exercisable at $0.45 each on or before 1 October 2016, vesting 1 October 2014.
Number disposed	Not applicable
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	Nil
No. of securities held after change	(a) 250,000 Incentive Options exercisable at $0.25 each on or before 1 April 2015, vesting 1 April 2013; (b) 290,000 Incentive Options exercisable at $0.30 each on or before 1 October 2015, vesting 1 October 2013; (c) 290,000 Incentive Options exercisable at $0.35 each on or before 1 April 2016, vesting 1 April 2014; and (d) 170,000 Incentive Options exercisable at $0.45 each on or before 1 October 2016, vesting 1 October 2014.
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Shareholder approved grant of Incentive Options

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract
Nature of interest
Name of registered holder (if issued securities)
Date of change
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation
Interest after change

Part 3 - +Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	Not applicable
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable