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BPCMon, 10th Sep 2012 08:19
Michael Sharp, the man who took over retail chain Debenhams last year, has underlined his faith in the company with the purchase of shares 100,000 shares. The £74,000 purchase saw the Chief Executive Officer invest his money at 74.32p a go, increasing his interest in the company to over 5.95m share
Read moreHarold Mitchell, a senior board member of Aegis Group, the FTSE-250 media and digital communications group, has made a double sale of shares in the month following its better-than-expected full year results. Mitchell, who is the Executive Chairman of Aegis Media Pacific, sold 150,000 shares at 5.5
Read moreJohn Whittaker, Deputy Chairman of Capital Shopping Centres, the FTSE 100 shopping centre operator, has taken 28,250 shares to the till. His purchases, 324.80p each, cost him a total of £124,236. Whittaker may have been making the most of the firm's share price, which is down 68p or 17.5% over th
Read moreDr. Paul Crevello, chief executive officer of Bahamas Petroleum, has quit the oil and gas exploration company with immediate effect for personal reasons. Steve Weyel, a non-executive director with significant technical and corporate experience within the oil and gas industry, will assist in the day
Read moreThe chief executive of investment company Brainspark, Alfredo Villa, has spent £112,500 on shares in the company. He took 31,000 shares, paying 34.5p a share. Following the acquisition and the conversion of some other shares awarded to Villa into ordinary shares, he now has about 5.3m ordinary shar
Read moreAIM-quoted Bahamas Petroleum Company (BPC) says that it is on track to drill its first well in the first half of 2012. Seismic surveys indicate large structures containing hydrocarbon indicators. BPC is in negotiations with CGGVeritas to undertake a 3D seismic survey. There could be potential far
Read moreAn attempt at an early afternoon rally was short-lived and Footsie ended at its low for the day as investors continue to worry about the situation in Japan and sovereign debt in Europe after the downgrade of Portugal's debt by ratings agency Moody's. A sharp fall on Wall Street did not help sentime
Read moreStocks pared losses over the lunch time session leaving the overall picture looking mixed, though the Footsie is slightly easier on balance, as investors continue to fret about the fall-out from the Japanese disaster, while sovereign debt concerns in Europe have been revived by the downgrade of Port
Read moreOil and gas exploration company Bahamas Petroleum is to raise in the region of £45.6m through a placing of shares at 18.75p each. The company said 110m new shares have definitely been placed, while a further 133.1m have been conditionally placed. The funds will be used to speed up the company's exp
Read moreShares in Bahamas Petroleum jumped 15% after surveys confirmed evidence of numerous structures "significantly larger than previously expected" in offshore licenses at the Bahamian fold belt. The results "provide evidence of 'giant' size structures in the southern licences...capable of holding sever
Read moreEuropean technology group Acal's like-for-like sales have increased by 17% since September, driven by strong growth in its core electronics division. "Assuming no deterioration from current levels, we expect full year results to be ahead of our previous expectations," the group said. Profits at
Read moreAIM-quoted Bahamas Petroleum Company's non-executive director Dursley Stott has invested nearly £16,000 in the oil and gas explorer's shares. Stott bought 100,000 shares at 15.825p each. This takes his stake to 315,000 shares. Stott is based in the Isle of Man, where BPC is domiciled, having switc
Read moreLuxury car competition company Best of the Best said trading in the six months to the end of October was in line with market expectations. New competition structures with a broader appeal have been introduced to assist in the growth of the online business, the company said, while the company is als
Read moreHaving announced his retirement as deputy chairman less than two weeks ago, Terry Smith did not waste much time before selling his entire beneficial holding of 8.93m shares in stockbroking firm Collins Stewart. Smith, who will quite the board of Collins Stewart to focus on his role as chief executi
Read moreThe oil sector is going well as crude prices advance. Big companies such as BP and Shell are wanted, while among smaller companies Shares in Bahamas Petroleum advanced after the oil group focused on the waters around the Caribbean country said it was continuing to make advances in its portfolio wh
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