LONDON (Alliance News) - Bahamas Petroleum Company PLC Tuesday said Chief Executive Officer Simon Potter bought 1 million shares at a price of 3.72 pence per share.
Following this transaction, Potter now holds 2 million shares, which represents 0.16% stake in the firm.
The company also said, Chairman Bill Schrader bought 250,000 shares at the same price, which is his only holding in the company.
Shares in the oil and gas company were trading up 5.7% at 370 pence Tuesday.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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