BNK.L Regulatory News (BNK)

July 4, 2014 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 30 June 2014, the following purchaseswere 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 30 June Purchased (1) Shares 2014 as held as % total at 30 voting rights June 2014 David French, April 15 414 414 5.49 1,492 280,437 0.1%President andChief Executive April 30 380 380 5.97 817 Officer May 15 375 375 6.06 741 May 31 350 350 6.51 692 June 15 309 309 7.34 761 June 30 332 332 6.84 792 Douglas C. Urch April 15 273 273 5.49 557 967,644 0.4%- ExecutiveVice President, April 30 252 252 5.97 539Finance andChief Financial May 15 247 247 6.06 489Officer May 31 231 231 6.51 457 June 15 204 204 7.34 502 June 30 220 220 6.84 523 Suneel Gupta - April 15 273 273 5.49 557 426,837 0.2%Executive VicePresident and April 30 252 252 5.97 539Chief OperatingOfficer May 15 247 247 6.06 489 May 31 231 231 6.51 457 June 15 204 204 7.34 502 June 30 220 220 6.84 523 (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. At previous announcement on June 23, 2014, the balance of shares held by Mr.Gupta was incorrectly stated as 425,200 and it should have stated 422,343. It is expected that the next quarterly announcement in respect of purchasesunder the ESSP will be made on or around Oct 1, 2014. 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