Director's Dealing • Oct 1, 2020
Director's Dealing
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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:
| Shareholder | Position | No. shares acquired | Price per share | Total holding | % Issued share capital |
| John van der Welle | Chairman | 1,000,000 | 0.75p | 1,291,151 | 0.33 |
| Peter Hill | Chief Executive Officer | 2,000,000 | 0.75p | 4,744,472 | 1.22 |
| Peter Taylor | Non-Executive Director | 4,000,000 | 0.75p | 45,629,071 | 11.72 |
| Peter Blakey | Non-Executive Director | 2,000,000 | 0.75p | 41,840,133 | 10.75 |
| Andrew Draffin | Non-Executive 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 / amendment
Initial notification
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 financial instrument
Identification code
Ordinary shares of No Par Value
ISIN: AU000000GBP6
b)
Nature of the transaction
Subscription for shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.75p | 1,000,000 |
d)
Aggregated information
Aggregated volume price
1,000,000
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 / amendment
Initial notification
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 financial instrument
Identification code
Ordinary shares of No Par Value
ISIN: AU000000GBP6
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
Aggregated volume price
2,000,000
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 / amendment
Initial notification
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 financial instrument
Identification code
Ordinary shares of No Par Value
ISIN: AU000000GBP6
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
Aggregated volume price
4,000,000
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 / amendment
Initial notification
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 financial instrument
Identification code
Ordinary shares of No Par Value
ISIN: AU000000GBP6
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
Aggregated volume price
2,000,000
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 / amendment
Initial notification
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 financial instrument
Identification code
Ordinary shares of No Par Value
ISIN: AU000000GBP6
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
Aggregated volume price
666,667
0.75p
e)
Date of the transaction
30 September 2020
f)
Place of the transaction
London Stock Exchange, Alternative Investment Market (AIM)
| Global Petroleum Limited | +44 (0) 20 3 875 9255 |
| Peter Hill, Managing Director & CEO Andrew Draffin, Company Secretary |
|
| Panmure Gordon (UK) Limited (Nominated Adviser & Sole Broker) | +44 (0) 20 7886 2500 |
| Corporate Finance: Nicholas Harland / Nick Lovering / Ailsa Macmaster Corporate Broking: Hugh Rich |
|
| Tavistock (Financial PR & IR) Simon Hudson / Nick Elwes / Barney Hayward |
+44 (0) 20 7920 3150 |
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