10 Feb 2020 07:00
10 February 2020
Bahamas Petroleum Company plc
("Bahamas Petroleum" or the "Company")
Bahamian Mutual Fund Update
On 6 January 2020, the Company advised of the launch of a Bahamian incorporated mutual fund (the "Fund"), established for the purposes of enabling qualified Bahamian investors to share in the outcome of the Company's project to explore for hydrocarbons in The Bahamas, should they so wish. The fund is being managed by Leno Corporate Services Limited ("Leno") under the terms of the Fund Investment Memorandum. A copy of the Fund Investment Memorandum can be found on Leno's website at www.lenobahamas.com.
At the request of Leno, an administrative extension of the initial subscription period of 3 days has been implemented which will now end at 17:00 EST on Wednesday 12th February 2020.
For further information, please contact:
Bahamas Petroleum Company plc
Simon Potter, Chief Executive Officer
Tel: +44 (0) 1624 647 882
Strand Hanson Limited - Nomad
Rory Murphy / James Spinney / Jack Botros
Tel: +44 (0) 20 7409 3494
Shore Capital Stockbrokers Limited
Jerry Keen / Toby Gibbs
Tel: +44 (0) 207 408 4090
CAMARCO
Billy Clegg / James Crothers
Tel: +44 (0) 20 3757 4983
www.bpcplc.com