Last checked at 11 Oct 2011 17:54
11 October 2011
BAYFIELD ENERGY HOLDINGS PLC
Director/PDMR Shareholding
Bayfield Energy Holdings plc ("Bayfield" or the "Company"), (Ticker Symbol: BEH), an upstream oil and gas exploration and production company with interests in Trinidad and Russia, announces that it was informed on 10 October 2011 that Andrey Pannikov, a non-executive director of the Company, has bought 675,000 ordinary shares in the Company at an average price of 50.65p per share.
Following this purchase, Mr Pannikov is interested in 38,513,363 ordinary shares in the Company, representing approximately 17.95 per cent. of the issued share capital of the Company.
Mr Pannikov intends to transfer the purchased shares as well as 1,901,226 shares currently held in his name to Lion Invest & Trade Limited, a company wholly owned by him.
For further information contact:
Bayfield Energy Holdings plc +44 (0) 20 7747 9200
Finian O'Sullivan, Chairman
Hywel John, Chief Executive
M:Communications
Patrick d'Ancona +44 (0) 20 7920 2347
Ann-marie Wilkinson +44 (0) 20 7920 2343
Seymour Pierce +44 (0) 20 7107 8000
Jonathan Wright/Stewart Dickson (Corporate Finance)
Richard Redmayne/Jeremy Stephenson (Corporate Broking)