Director/PDMR Shareholding

RNS Number : 1570A
Bahamas Petroleum Company PLC
27 January 2011
 



27 January 2011

 

 

Bahamas Petroleum Company PLC

("Bahamas Petroleum" or the "Company")

 

Director's Dealing

 

The Company has been informed that Alan Burns, Non-Executive Chairman of the Company, yesterday disposed of 6,000,000, ordinary shares of 0.002 pence each in the Company ("Ordinary Shares") (the "Disposal") at a price of 16.996 pence per Ordinary Share.

 

Following the Disposal, Mr Burns is now interested in 20,164,989 Ordinary Shares, representing 2.04 per cent. of the Company's issued share capital.

 

Alan Burns, Non-Executive Chairman, said: "As with my previous disposals this month, this sale of ordinary shares has been made in light of my personal circumstances."

 

Ends

 

Enquiries:

 

Bahamas Petroleum Company PLC

Alan Burns, Non-Executive Chairman

Dr Paul Crevello, CEO 

 

 

Tel: +44 (0) 1624 64 1199

 

Strand Hanson Limited

Rory Murphy / Liam Buswell

 

 

Tel: +44 (0) 20 7409 3494

Novus Capital Markets Ltd

Charles Goodfellow

 

 

Tel: +44 (0) 20 7107 1881

FirstEnergy Capital LLP

Hugh Sanderson / Derek Smith

 

 

Tel: +44 (0) 20 7448 0200

Financial Dynamics

Billy Clegg / Ed Westropp

 

Tel: +44 (0) 20 7831 3113

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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