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Director/PDMR Shareholding

7 Apr 2015 07:00

BANKERS PETROLEUM LIMITED - Director/PDMR Shareholding

BANKERS PETROLEUM LIMITED - Director/PDMR Shareholding

PR Newswire

London, April 6

April 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 March 31, 2015, 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 Shares Contribution (Cdn. $) Vested(2) Common Holding as at Purchased (1) Shares held as 31 March at 31 March 2015 as 2015 % total voting rights David French, January 15 944 944 2.51 461 189,466 0.1%President andChief Executive January 30 834 834 2.84 576 Officer February 13 678 678 3.49 522 February 27 779 779 3.04 466 March 13 936 936 2.53 420 March 31 864 864 2.74 426 Douglas C. Urch January 15 623 623 2.51 305 1,041,343 0.4%- ExecutiveVice President, January 30 550 550 2.84 381Finance andChief Financial February 13 448 448 3.49 344Officer February 27 514 514 3.04 308 March 13 618 618 2.53 278 March 31 571 571 2.74 281 Suneel Gupta - January 15 623 623 2.51 305 465,536 0.2%Executive VicePresident and January 30 550 550 2.84 381Chief OperatingOfficer February 13 448 448 3.49 344 February 27 514 514 3.04 308 March 13 618 618 2.53 278 March 31 571 571 2.74 281 (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 July 1, 2015. 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 Henry Fitzgerald-O'Connor +44 0 207 523 8000 AIM BROKER: FirstEnergy Capital LLP Hugh Sanderson / David van Erp

+44 0 207 448 0200

Date   Source Headline
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