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Geo Exploration Limited Director's Dealing 2016

May 25, 2016

10488_rns_2016-05-25_d2cbf5c6-3cd8-4ecc-88e8-8f881312909f.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 2319Z

Global Petroleum Ltd

25 May 2016

25 May 2016

Global Petroleum Limited

("Global" or "the Company")

Change in Directors' Shareholdings

Global Petroleum Limited - AIM: GBP, ASX: GBP - the oil and gas exploration company presently focused on emerging plays in Africa and the Mediterranean, announces a change in the reported beneficial shareholdings of two of its Directors, Peter Taylor and Peter Blakey.

The previous Appendix 3Y announced holdings of Messrs Taylor and Blakey of 41,704,930 and 41,083,626 respectively included, for both Directors, the full holding of TM Services Limited, a company controlled jointly by them, of 2,636,905 shares.  The shares previously held by TM Services Limited have been transferred for a consideration of A$38,235.14 as to 1,318,453 shares to Mr Taylor and a consideration of A$38,235.11 as to 1,318,452 shares to Mr Blakey.

Accordingly, the total beneficial holdings of Messrs Taylor and Blakey are now 40,386,478 and 39,765,173 shares respectively.

For the avoidance of doubt, neither Mr Taylor nor Mr Blakey has sold any shares in the Company.

Directors' Appendix 3Ys have been separately released on ASX.

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

Global Petroleum Limited
Peter Hill, Managing Director & CEO +44 (0) 20 7495 6802
Damien Cronin, Company Secretary +61 (0) 7 3310 8732
RFC Ambrian Limited (Nominated Adviser & Joint Broker)
Charlie Cryer / Oliver Morse +44 (0) 20 3440 6800
FirstEnergy Capital LLP (Joint Broker)
Hugh Sanderson +44 (0) 20 7448 0200
Tavistock (Financial PR & IR)
Simon Hudson / Edward Portman +44 (0) 20 7920 3150

This information is provided by RNS

The company news service from the London Stock Exchange

END

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