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Geo Exploration Limited Director's Dealing 2014

Dec 23, 2014

10488_rns_2014-12-23_64f1e6cb-00bd-4237-952a-420f5bea35b4.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 5532A

Global Petroleum Ltd

23 December 2014

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 John van der Walle
Date of last notice 10 February 2014

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.
Not Applicable
Date of change 23 December 2014
No. of securities held prior to change Nil
Class Class A and B Directors' Incentive Options
Number acquired (a)    500,000 $0.656 Class A Directors' Incentive Options exercisable on or before 23 December 2019, vesting immediately.

(b)    500,000 $0.656 Class B Directors' Incentive Options exercisable on or before 23 December 2019, vesting on 23 June 2015.
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)   500,000 $0.656 Class A Directors' Incentive Options exercisable on or before 23 December 2019, vesting immediately.

(b)    500,000 $0.656 Class B Directors' Incentive Options exercisable on or before 23 December 2019, vesting on 23 June 2015.
Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back
Grant of Directors' 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 Not Applicable
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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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