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Director/PDMR Shareholding

31 Oct 2011 07:00

RNS Number : 1055R
Bahamas Petroleum Company PLC
31 October 2011
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31 October 2011

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Bahamas Petroleum Company plc

("Bahamas Petroleum" or the "Company")

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Directors Dealing

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The Company was informed on 29 October 2011 that, on 29 October 2011, Dursley Stott, a non executive director of Bahamas Petroleum, acquired 50,000 ordinary shares in the company ("Ordinary Shares") at a price of 7.3 pence each (the "Acquisition").

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Following the Acquisition, Mr. Stott is now interested in 400,000 Ordinary Shares, representing 0.03 per cent. of the Company's issued share capital. In addition, Mr. Stott is interested in 1,500,000 options over Ordinary Shares, as previously disclosed

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- Ends -

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For further information, please contact:

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Bahamas Petroleum Company plc

Simon Potter, Chief Executive Officer

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Tel: +44 (0) 1624 647883

Strand Hanson Limited - Nomad

Rory Murphy / Liam Buswell

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Tel: +44 (0) 20 7409 3494

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FTI Consulting

Billy Clegg / Ed Westropp / Alex Beagley

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Tel: +44 (0) 20 7831 3113

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Canaccord Genuity Limited - Joint broker

Charles Berkeley / Henry Fitzgerald-O'Connor

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Tel: +44 (0) 20 7050 6500

FirstEnergy Capital LLP - Joint broker

Hugh Sanderson / Derek Smith

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Tel: +44 (0) 20 7448 0200

Novus Capital Markets Ltd - Joint broker

Nicholas Lee

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Tel: +44 (0) 20 7107 1894

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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