14th Nov 2006 17:44
Global Petroleum Ltd14 November 2006 Global Petroleum Exercise of Options 14 November 2006 Global Petroleum Limited advises that Directors have approved the allotment of50,000 fully paid ordinary shares as the result of a notice received from PeterFrancis Dighton, Director to exercise part of the 250,000 options held by himdue for expiry 31 December 2008. The exercise price of A$0.25cents (10.3 pence)amounting to A$12,500 (£5,133) will be paid to the Company. Mt Dighton is anon-executive Director of Global Petroleum Limited. The Company has applied for 50,000 shares, no par value, to be admitted totrading on AIM. Such Admission is expected on 20 November 2006. An Applicationfor quotation of the new shares has been made to ASX. The total number of Global ordinary shares quoted on the ASX and AIM followingthe exercise of the options will be 172,344,787. Des OllingCompany SecretaryGlobal Petroleum LimitedLevel 9, 46 Edward StreetBrisbane, Qld 4000Tel: (07) 3211 1122Fax: (07) 3211 0133E-mail: [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Global Petroleum