Tethys Petroleum Limited
Notification of Transactions of Directors/
Persons Discharging Managerial Responsibility and Connected Persons
Tethys Petroleum Limited (the "Company") hereby makes notification that the following Directors and Persons Discharging Managerial Responsibility ("PDMR") were granted certain options under the Company's 2007 Long Term Stock Incentive Plan on Monday 23rd April 2012 as detailed below:
Name of Director/PDMR
Date of grant
Date of grant expiry
Total amount paid for
Number of options granted
Exercise price
Total number of options held following notification
Directors
Mr J Hammond 23/04/12 22/04/17 0 270,000 CAD0.88 2,300,000
Mr R Hammond 23/04/12 22/04/17 0 120,000 CAD0.88 828,000
Mr P Johnson 23/04/12 22/04/17 0 120,000 CAD0.88 828,000
Ms E Landles 23/04/12 22/04/17 0 270,000 CAD0.88 2,565,000
Mr P Lilley 23/04/12 22/04/17 0 120,000 CAD0.88 861,000
Mr B Murphy 23/04/12 22/04/17 0 240,000 CAD0.88 2,505,000
Mr J Rawls 23/04/12 22/04/17 0 120,000 CAD0.88 654,000
Mr M Rhodes 23/04/12 22/04/17 0 120,000 CAD0.88 654,000
Dr D Robson 23/04/12 22/04/17 0 420,000 CAD0.88 4,557,000
PDMRs
Mr I Philliskirk 23/04/12 22/04/17 0 90,000 CAD0.88 1,425,000
Mr G Wall 23/04/12 22/04/17 0 180,000 CAD0.88 1,692,000
* The options vest in three tranches: one third immediately, one third in one year and one third after two years.
This announcement is made in accordance with the requirements of DTR 3.1.4.
Elizabeth Landles
Corporate Secretary
Tethys Petroleum Limited
Tel: +44 1481 725911
24th April 2012
