18 Apr 2011 13:00
Bankers Petroleum Ltd. ("Bankers" or the "Company") - Director Shareholding
AIM: BNK
CALGARY, April 18 /CNW/ - The Company announces that on April 14, 2011 it was notified that certain members of Bankers' Board of Directors exercised a portion of their stock options, thereby acquiring the following shares:
Stock Options Exercise Price Name Date of Exercise Exercised (Cdn.$) ------------------------------------------------------------------------- Eric Brown Director April 14, 2011 116,666 3.03 Jonathan Harris Director April 14, 2011 25,000 3.03
The Company announces that on April 14, 2011 it was notified that certain members of Bankers' Board of Directors sold the following shares:
Total Number of Common Shares Total Sale Held After Name Date of Sale Shares Sold Price (Cdn. $) Transaction ------------------------------------------------------------------------- Eric Brown Director April 14, 2011 30,000 259,031 181,166 Jonathan Harris Director April 14, 2011 25,000 215,750 50,000 Robert Cross Director April 14, 2011 500,000 4,320,000 2,720,267The Company announces that on April 15, 2011, Suneel Gupta was appointed as anexecutive officer of the Company. Mr. Gupta's current shareholdings are asfollows: No. of No. of Exercise Common Options Date of Price Expiry Name Shares Held Outstanding Grant (Cdn.$) Date ------------------------------------------------------------------------- Suneel Gupta, 170,167 30,000 2006/05/17 3.03 2011/05/16 Executive Vice 52,833 2007/01/15 1.68 2012/01/14 President and 11,166 2007/07/02 1.35 2012/07/01 Chief Operating 33,333 2008/01/31 2.37 2013/01/30 Officer 41,667 2008/04/01 4.35 2013/03/31 130,000 2008/11/17 1.05 2013/11/16 300,000 2009/05/28 1.83 2014/05/27 250,000 2010/01/13 6.26 2015/01/12 300,000 2011/01/21 8.36 2016/01/20 200,000 2011/04/13 8.56 2016/04/12 ----------- TOTAL: 1,348,999
For further information: For further information: Doug Urch, Executive VP, Finance and Chief Financial Officer, Ph: (403) 513-2691, Email: investorrelations(at)bankerspetroleum.com, Website: www.bankerspetroleum.com; AIM NOMAD: Canaccord Genuity Limited, Ryan Gaffney/Henry Fitzgerald-O'Connor, +44 20 7050 6500; AIM JOINT BROKERS: Canaccord Genuity Limited, Ryan Gaffney/ Henry Fitzgerald-O'Connor, +44 20 7050 6500; Macquarie Capital Advisors, Ben Colegrave/Paul Connolly, +44 20 3037 5639
(BNK)
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