25 Aug 2015 07:00
BANKERS PETROLEUM LIMITED - Director/PDMR ShareholdingBANKERS PETROLEUM LIMITED - Director/PDMR Shareholding
PR Newswire
London, August 24
August 24, 2015
AIM: BNK
Bankers Petroleum Ltd. (“Bankers” or the “Company”)
Director and Executive Officer Shareholdings
The Company announces that on August 21, 2015 it granted the following stock options to Directors and Executive Officers in accordance with the Company’s Stock Option Plan. The options noted below are exercisable into Common Shares of the company at a price of Cdn $2.12 per share (based on the TSX closing price on August 20, 2015). The options will expire on August 20, 2020 and are subject to the following vesting provisions: one-third shall vest and become exercisable immediately; one-third shall vest and become exercisable on each of the first and second anniversaries of the date of grant.
Name Title # of Options Granted
Robert Cross Director 57,825
Eric M. Brown Director 38,550
Jonathan P. Harris Director 38,550
John Zaozirny Director 38,550
Abdel Badwi Director 155,550
Ian McMurtrie Director 38,550
Phil Knoll Director 38,550
Wesley Clark Director 38,550
David French Director, President & CEO 306,600
Doug Urch Executive VP, Finance & CFO 269,850
Suneel Gupta Executive VP and COO 243,852
Rick Pawluk Corporate Secretary 19,275
Options represent a right to purchase shares of the Company subject to the vesting period of the plan at a price not less than the market price at the time of grant pursuant to the Stock Options Plan as approved by Shareholders on May 21, 2014.
For further information, contact:
Doug Urch
Executive VP, Finance and Chief Financial Officer
Ph: (403) 513-2691
Email: investorrelations@bankerspetroleum.com
Website: http://www.bankerspetroleum.com/
AIM NOMAD:Canaccord Genuity LimitedHenry Fitzgerald-O’Connor/Wei Loon Yap+44 0 207 523 8000
AIM BROKER:FirstEnergy Capital LLPHugh Sanderson / David van Erp+44 0 207 448 0200