25 Jan 2021 07:10
25 January 2021
Bahamas Petroleum Company plc
("BPC" or the "Company")
Resignation of Director
BPC announces that Leo Koot resigned as a Director of the Company on 22 January 2021. Mr Koot, who joined the Board on 24 August 2020 following the merger of the Company with Columbus Energy Resources plc ("Columbus"), has resigned for personal reasons.
Mr. Koot, with his deep prior understanding of the Company's assets in Trinidad & Tobago and Suriname, will remain available to assist the Company, as needed, under the terms of a consultancy agreement.
Bill Schrader, Chairman of BPC said:
"Leo has made a valued contribution to the Board of BPC since he joined on completion of the merger with Columbus, and we are sad that his personal circumstances require his resignation at this exciting time for our Company."
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 - Joint Broker Jerry Keen / Toby Gibbs
| Tel: +44 (0) 207 408 4090 |
Investec Bank Plc - Joint Broker Chris Sim / Rahul Sharma | Tel: +44 (0) 207 597 5970 |
CAMARCO Billy Clegg / James Crothers / Hugo Liddy | Tel: +44 (0) 020 3757 4980 |
The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.