12 February 2025

The information contained within this announcement is deemed by the Company to constitute inside information under the UK Market Abuse Regulations ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. 

Global Petroleum Limited 

("Global" or "the Company") 

Share Issuance

Further to the announcement on 25 October 2025, Global Petroleum Limited (LSE AIM:GBP) has issued second tranche of 2,777,778 shares to its media and marketing consultant for compensation of services rendered.

The shares will be issued at an effective price of £0.0027 per share, reflecting the agreed-upon terms in the consultancy contract.

Admission to AIM

Application will be made for the new ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that Admission of the new ordinary shares will become effective at 8.00 a.m. on or around 17 February 2025. The new ordinary shares will rank on Admission pari passu in all respects with the existing ordinary shares.

Total Voting Rights

Following Admission, the total issued share capital of the Company will be 4,619,255,122 Ordinary Shares. Accordingly, the figure of 4,619,255,122  is to be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

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

Global Petroleum Limited                                                                investors@glo-pet.com

Hamza Choudhry, CFO and Executive Director  

SPARK Advisory Partners Limited (Nominated Adviser)           +44 (0) 20 3368 3555  

Andrew Emmott, Jade Bayat  

CMC Markets (Joint Broker)                                                           +44 (0) 20 3003 8632 

Douglas Crippen   

SI Capital Limited                                                                             +44 (0) 14 8341 3500 

Nick Emerson  

Tavistock (Financial PR & IR)                                                         +44 (0) 20 7920 3150

Simon Hudson / Nick Elwes 

This announcement has been issued by and is the sole responsibility of the Company.