4 Apr 2011 11:15

4 April 2011
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Bahamas Petroleum Company PLC
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("Bahamas Petroleum" or the "Company")
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Director's Dealing
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The Company has been informed that Alan Burns, Non-Executive Chairman of the Company, disposed of 5,000,000 ordinary shares of 0.002 pence each in the Company ("Ordinary Shares") (the "Disposal"), at a weighted average price of 21.36 pence per Ordinary Share on 1 April 2011. The disposal is in order to satisfy ongoing medical expenses.
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Following the Disposal, Mr Burns is now interested in 15,164,989 Ordinary Shares, representing 1.38 per cent. of the Company's issued share capital.
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Ends
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For further information contact:
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Bahamas Petroleum Company PLC Dr Paul Crevello, Chief Executive Officer  |  Tel: +44 (0) 1624 641194 |
Strand Hanson Limited - Nomad Rory Murphy / Liam Buswell  |  Tel: +44 (0) 20 7409 3494  |
Financial Dynamics Billy Clegg / Ed Westropp / Alex Beagley | Â Tel: +44 (0) 20 7831 3113 Â |
Canaccord Genuity Limited - Joint broker Charles Berkeley / Henry Fitzgerald-O'Connor  |  Tel: +44 (0) 20 7050 6500 |
FirstEnergy Capital LLP - Joint broker Hugh Sanderson / Derek Smith  |  Tel: +44 (0) 20 7448 0200 |
Novus Capital Markets Ltd - Joint broker Nicholas Lee | Â Tel: +44 (0) 20 7107 1894 |
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