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Director/PDMR Shareholding

9 Apr 2015 07:00

BANKERS PETROLEUM LIMITED - Director/PDMR Shareholding

BANKERS PETROLEUM LIMITED - Director/PDMR Shareholding

PR Newswire

London, April 8

January 7, 2015 AIM: BNK Bankers Petroleum Ltd. ("Bankers Petroleum" or the "Company") Employee Stock Savings Plan Quarterly Update Further to the Company's announcement of January 16, 2013 regarding theimplementation of an Employee Stock Savings Plan ("ESSP"), Bankers Petroleumannounces that during the quarter ending December 31, 2014, the followingpurchases were made by senior employees: Name Date of Purchase Number of Employer's Purchase Employer's Resulting Resulting Common Price Contribution Number of Holding as at Shares Contribution (Cdn. $) Vested(2) Common 31 December Purchased (1) Shares 2014 as held as % total at 31 voting rights December 2014 David French, October 15 548 548 4.15 518 181,560 0.1%President andChief Executive October 31 537 537 4.22 524 Officer November 15 511 511 4.45 543 November 30 657 657 3.46 520 December 15 847 847 2.68 490 December 31 726 726 3.13 478 Douglas C. Urch October 15 361 361 4.15 342 1,036,122 0.4%- ExecutiveVice President, October 31 355 355 4.22 346Finance andChief Financial November 15 338 338 4.45 359Officer November 30 433 433 3.46 343 December 15 560 560 2.68 323 December 31 480 480 3.13 315 Suneel Gupta - October 15 361 361 4.15 342 460,315 0.2%Executive VicePresident and October 31 355 355 4.22 346Chief OperatingOfficer November 15 338 338 4.45 359 November 30 433 433 3.46 343 December 15 560 560 2.68 323 December 31 480 480 3.13 315 (1) These shares are the matching shares purchased by the Company, whichshall vest to the shareholder twelve months from the date of purchase, providedthe shareholder is still an employee of the Company. (2) These shares are the matching shares purchased by the Company twelvemonths ago and are now vested to the shareholder. As previously announced, under the ESSP, employees may use up to 10% of theirsalary (matched equally by the Company) to purchase Bankers Petroleum shares onthe Toronto Stock Exchange, on each pay period (midmonth and month-end). DavidFrench, Douglas Urch and Suneel Gupta elected to participate in the plan, witha participation level of 10% of each of their respective salaries. It is expected that the next quarterly announcement in respect of purchasesunder the ESSP will be made on or around April 1, 2015. For further information, contact: Doug UrchExecutive VP, Finance and Chief Financial OfficerPh: (403) 513-2691Email: investorrelations@bankerspetroleum.comWebsite: www.bankerspetroleum.com AIM NOMAD:Canaccord Genuity LimitedHenry Fitzgerald-O'Connor+44 0 207 523 8000 AIM BROKER:FirstEnergy Capital LLPHugh Sanderson / David van Erp+44 0 207 448 0200
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