14 Sep 2011 07:00
September 14, 2011 AIM: BNK
Bankers Petroleum Ltd. ("Bankers" or the "Company")
Executive Officer and Director Shareholdings
The Company announces that on September 9, 2011 it was notified that an executive officer sold the following shares:
Total Sale Total Number of Name Date of Sale Shares Sold Price (Cdn. Common Shares Held $) After Transaction Abdel F. (Abby) (1) 70,000 (1) 308,000 Badwi September 9, 968,001 2011 (2)35,000 (2) Nil President and CEO
(1) Disposition of securities through facilities of TSX from private holding company, Corrundum Energy Ltd., for estate planning purposes.
(2) Disposition of securities by private transaction to beneficiaries from private holding company, Corrundum Energy Ltd., for estate planning purposes.
The Company announces that on September 9, 2011 it was notified that two executive officers purchased the following shares:
Total Total Number of Name Date of Shares Purchase Common Shares Held Purchase Purchased Price (Cdn. After Transaction $) Abdel F. (Abby) Badwi September 9, 100,000 439,000 1,068,001 2011 President and CEO Suneel Gupta September 9, Executive Vice 2011 5,000 21,500 185,167 President and Chief Operating Officer
The Company announces that on September 12, 2011 it was notified that a director purchased the following shares:
Total Total Number of Name Date of Purchase Shares Purchase Common Shares Held Purchased Price (Cdn. After Transaction $) Robert Cross September 12, 2011 50,000 208,566 2,603,600 Director
The Company announces that on September 13, 2011 it was notified that two executive officers exercised a portion of each of his stock options, thereby acquiring the following shares:
Name Date of Stock Options Exercise Price Exercise Exercised (Cdn.$) Abdel F. (Abby) Badwi September 13, 2011 25,000 1.53 President and CEO Douglas Urch September 13, 10,000 1.53 Executive VP, Finance 2011 and CFO
For further information, contact:
Doug Urch
Executive VP, Finance and Chief Financial Officer
Ph: (403) 513-2691
Email: investorrelations@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 Macquarie CapitalAdvisorsRyan Gaffney/ Henry Fitzgerald-O'Connor Ben Colegrave/Paul Connolly+44 20 7050 6500 +44 20 3037 5639
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