Director/PDMR Shareholding

RNS Number : 3624U

Bahamas Petroleum Company PLC

14 October 2010

 



14 October 2010

Bahamas Petroleum Company plc

("BPC" or the "Company")

Director's dealings

BPC, the oil and gas exploration company with licences in The Bahamas, announces that it was notified yesterday by Mike Proffitt, Non-Executive Finance Director of the Company, that his spouse, Virginia Proffitt, purchased 150,000 ordinary shares of 0.002p each in the Company ("Ordinary Shares") in the market yesterday at a price of 6.21 pence per Ordinary Share, representing approximately 0.01 per cent. of the Company's entire issued ordinary share capital.  

As a result of this transaction, Mike Proffitt is now interested in 12,510,000 Ordinary Shares, representing approximately 1.27 per cent. of the issued Ordinary Share capital of the Company.

Enquiries:

Bahamas Petroleum Company plc Alan Burns, Chairman and CEO Dr Paul Crevello, Chief Operating Officer	Tel: [phone] Tel: [phone]
Strand Hanson Limited Rory Murphy / Liam Buswell	Tel: [phone]
Novus Capital Markets Ltd Charles Goodfellow / Paul Dudley	Tel: [phone]
FirstEnergy Capital LLP Hugh Sanderson / Derek Smith	Tel: [phone]
Financial Dynamics Billy Clegg / Ed Westropp	Tel: [phone]

 

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