14 Oct 2010 07:00
14 October 2010
Bahamas Petroleum Company plc
("BPC" or the "Company")
Director's dealings
BPC, the oil and gas exploration company with licences in The Bahamas, announces that it was notified yesterday by Mike Proffitt, Non-Executive Finance Director of the Company, that his spouse, Virginia Proffitt, purchased 150,000 ordinary shares of 0.002p each in the Company ("Ordinary Shares") in the market yesterday at a price of 6.21 pence per Ordinary Share, representing approximately 0.01 per cent. of the Company's entire issued ordinary share capital.
As a result of this transaction, Mike Proffitt is now interested in 12,510,000 Ordinary Shares, representing approximately 1.27 per cent. of the issued Ordinary Share capital of the Company.
Enquiries:
| Bahamas Petroleum Company plc Alan Burns, Chairman and CEO Dr Paul Crevello, Chief Operating Officer
|
Tel: +44 (0) 1624 64 1199 Tel: +242 356 4114 |
| Strand Hanson Limited Rory Murphy / Liam Buswell
|
Tel: +44 (0) 20 7409 3494 |
| Novus Capital Markets Ltd Charles Goodfellow / Paul Dudley
|
Tel: +44 (0) 20 7107 1872 |
| FirstEnergy Capital LLP Hugh Sanderson / Derek Smith
|
Tel: +44 (0) 20 7448 0200 |
| Financial Dynamics Billy Clegg / Ed Westropp |
Tel: +44 (0) 20 7831 3113 |