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29 Dec 2014 07:00

The following replaces the announcement released on 23 December 2014 at 7.01 RNS No. 5532A. The exercise price of the options issued should have read $0.0656 and not $0.656. The full text appears below.
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Rule 3.19A.2
Appendix 3Y
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Change of Director's Interest Notice
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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
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Name of entity GLOBAL PETROLEUM LIMITED |
ABN 68 064 120 896 |
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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.
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| Name of Director | John van der Walle |
Date of last notice | 10 February 2014 |
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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
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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.
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Direct or indirect interest | Direct |
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Â | 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 $0.0656 Class A Directors' Incentive Options exercisable on or before 23 December 2019, vesting immediately. (b) 500,000 $0.0656 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 $0.0656 Class A Directors' Incentive Options exercisable on or before 23 December 2019, vesting immediately. (b) 500,000 $0.0656 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 |
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Part 2 - Change of director's interests in contracts
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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.
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Detail of contract | Not Applicable |
Nature of interest  | |
Name of registered holder (if issued securities) Â | |
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 |
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Part 3 - +Closed period
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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 |
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