25 Oct 2010 07:00
25 October 2010
Bahamas Petroleum Company plc
("BPC" or the "Company")
The Company was informed on 22 October 2010 that, on 22 October 2010, Alan Burns, a director of the Company, disposed of 10,000,000 ordinary shares in BPC ("Ordinary Shares") at a weighted average price of 6.98 pence per Ordinary Share (the "Disposal").
Following the Disposal, Mr Burns is now interested in 34,820,000 Ordinary Shares representing 3.55 per cent. of the Company's issued share capital.
Enquiries:
BPC Limited Alan Burns, Chairman and CEO Dr Paul Crevello, Chief Operating Officer
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Tel: +44 (0) 1624 64 1199
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Strand Hanson Limited Rory Murphy / Liam Buswell
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Tel: +44 (0) 20 7409 3494 |
Novus Capital Markets Ltd Charles Goodfellow / David Rae
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Tel: +44 (0) 20 7107 1872 |
FirstEnergy Capital LLP Richard Hail / Derek Smith
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Tel: +44 (0) 20 7448 0200 |
Financial Dynamics Billy Clegg / Ed Westropp |
Tel: +44 (0) 20 7831 3113 |