diff --git a/pygit2-0.28.2.tar.gz b/pygit2-0.28.2.tar.gz
deleted file mode 100644
index 2356ce8..0000000
--- a/pygit2-0.28.2.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:4d8c3fbbf2e5793a9984681a94e6ac2f1bc91a92cbac762dbdfbea296b917f86
-size 496469
diff --git a/pygit2-1.2.1.tar.gz b/pygit2-1.2.1.tar.gz
new file mode 100644
index 0000000..70e3434
--- /dev/null
+++ b/pygit2-1.2.1.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:de9421118a99c79cbba1e512d60e5caed1d63273ce30a0e8d4edef4a2e500387
+size 235852
diff --git a/python-pygit2.changes b/python-pygit2.changes
index c8900be..8cbd68f 100644
--- a/python-pygit2.changes
+++ b/python-pygit2.changes
@@ -1,3 +1,10 @@
+-------------------------------------------------------------------
+Wed May  6 08:01:51 UTC 2020 - Tomáš Chvátal <tchvatal@suse.com>
+
+- Update to 1.2.1:
+  * Drop python2 support
+  * Various crash fixes
+
 -------------------------------------------------------------------
 Mon Dec  2 14:50:25 UTC 2019 - Julio González Gil <jgonzalez@suse.com>
 
diff --git a/python-pygit2.spec b/python-pygit2.spec
index fa5907d..d649b63 100644
--- a/python-pygit2.spec
+++ b/python-pygit2.spec
@@ -1,7 +1,7 @@
 #
 # spec file for package python-pygit2
 #
-# Copyright (c) 2019 SUSE LLC
+# Copyright (c) 2020 SUSE LLC
 # Copyright (c) 2019 Neal Gompa <ngompa13@gmail.com>.
 #
 # All modifications and additions to the file contributed by third parties
@@ -18,28 +18,26 @@
 
 
 %{?!python_module:%define python_module() python-%{**} python3-%{**}}
+%define skip_python2 1
 Name:           python-pygit2
-Version:        0.28.2
+Version:        1.2.1
 Release:        0
 Summary:        Python bindings for libgit2
 License:        GPL-2.0-only
-Group:          Development/Languages/Python
 URL:            https://github.com/libgit2/pygit2
 Source:         https://files.pythonhosted.org/packages/source/p/pygit2/pygit2-%{version}.tar.gz
-BuildRequires:  %{python_module cffi}
+BuildRequires:  %{python_module cached-property}
+BuildRequires:  %{python_module cffi >= 1.4.0}
 BuildRequires:  %{python_module devel}
-BuildRequires:  %{python_module pycparser}
 BuildRequires:  %{python_module pytest}
 BuildRequires:  %{python_module setuptools}
-BuildRequires:  %{python_module six}
 BuildRequires:  ca-certificates
 BuildRequires:  ca-certificates-mozilla
 BuildRequires:  fdupes
-BuildRequires:  libgit2-devel >= %{version}
+BuildRequires:  libgit2-devel >= 1.0
 BuildRequires:  libopenssl-devel
 BuildRequires:  python-rpm-macros
-Requires:       python-pycparser
-Requires:       python-six
+Requires:       python-cached-property
 %requires_eq    python-cffi
 %python_subpackages