Tethys Petroleum Limited
LSE : TPL

July 10, 2012 07:53 ET

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 Tethys Petroleum Limited
 
 Notification of Transactions of Directors/Persons Discharging Managerial
 Responsibility and Connected Persons


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1.    Name of the issuer                         2.    State whether the notification relates to  (i)
                                                       a  transaction notified in accordance with DTR
                                                       3.1.2  R, (ii) a disclosure made in accordance
      TETHYS PETROLEUM LIMITED                         with  LR 9.8.6R(1) or (iii) a disclosure  made
                                                       in   accordance  with  section  793   of   the
                                                       Companies Act (2006).
                                                       
                                                       THE DISCLOSURE IS MADE IN ACCORDANCE WITH DTR
                                                       3.1.2 R
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3.    Name    of    person    discharging        4.    State  whether  notification  relates   to   a
      managerial responsibilities/director             person  connected  with a  person  discharging
                                                       managerial responsibilities/director named  in
      ZALMAY KHALILZAD                                 3 and identify the connected person
                                                       
                                                       N/A
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5.    Indicate whether the notification is in    6.    Description   of  shares  (including   class),
      respect of a holding of the person               debentures   or   derivatives   or   financial
      referred to in 3 or 4 above or in respect        instruments relating to shares
      of a non-beneficial interest(1)                    
                                                       N/A
      N/A
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7.    Name of registered shareholders(s) and, if 8.    State the nature of the transaction
      more than one, the number of shares held         
      by each of them                                  N/A
      
      N/A
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9.    Number   of   shares,  debentures   or     10.   Percentage of issued class acquired  (treasury
      financial instruments relating to shares         shares of that class should not be taken  into
      acquired                                         account when calculating percentage)
                                                       
      N/A                                              N/A
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 11.  Number   of   shares,  debentures   or     12.   Percentage of issued class disposed  (treasury
      financial instruments relating to shares         shares of that class should not be taken  into
      disposed                                         account when calculating percentage)
                                                       
      N/A                                              N/A
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 13.  Price per share or value of transaction    14.   Date and place of transaction
                                                       
      N/A                                              N/A
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 15.  Total holding following notification and   16.   Date issuer informed of transaction
      total percentage holding following               
      notification  (any treasury shares should        N/A
      not be taken into account when calculating
      percentage)
      
      N/A
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 If a person discharging managerial responsibilities has been granted options by the
 issuer complete the following boxes

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17.   Date of grant                              18.   Period during which or date on which
                                                       exercisable:
      6 JULY 2012                                      The options vest one third immediately, one
                                                       third after one year and one third after
                                                       two years. The options will expire on 5
                                                       July 2017.
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19.   Total amount paid (if any) for grant of    20.   Description   of   shares   or    debentures
      the option                                       involved (class and number)
                                                       Option  to  acquire 270,000 ordinary  shares
      NIL                                              under  the  Tethys  Petroleum  limited  2007
                                                       Long Term Stock Incentive Plan.
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21.   Exercise price (if fixed at time of grant) 22.   Total  number  of shares or debentures  over
      or indication that price is to be fixed at       which options held following notification
      the time of exercise                             
                                                       270,000 OPTIONS
      CAD 0.88
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23.  Any additional information                  24.   Name of contact and telephone number for
                                                       queries
     N/A                                               
                                                       LIZ LANDLES
                                                       TEL: 01481 725911
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 Liz Landles

 Corporate Secretary

 Date of notification: 10/07/2012

Contact Information

  • Tethys Petroleum Limited