6 May 2010 15:00
6 May 2010
BPC Limited
("BPC" or the "Company")
Director's shareholding
BPC, the oil and gas exploration company with licences in The Bahamas, announces that yesterday it was notified by Alan Burns, Chairman and Chief Executive Officer of the Company, that his holding of 44,820,000 ordinary shares of 0.002p each in the Company was transferred yesterday, at nil cost, to Burns Family Investments Limited, a family company of Mr Burns registered in the Isle of Man, which will hold them directly. This holding represents 5.21 per cent. of the issued ordinary share capital of the Company, of which Mr Burns will remain the beneficial holder and who has confirmed that he has no current intention of selling his holding or portion thereof.
Enquiries:
| BPC Limited Alan Burns, Chairman and CEO Dr Paul Crevello, Chief Operating Officer
|
Tel: +44 (0) 1624 64 1199 Tel: +1 720 771 7583 |
| Strand Hanson Limited Rory Murphy / Liam Buswell
|
Tel: +44 (0) 20 7409 3494 |
| Novus Capital Markets Ltd Charles Goodfellow / David Rae
|
Tel: +44 (0) 20 7107 1872 |
| FirstEnergy Capital LLP Richard Hail / Derek Smith
|
Tel: +44 (0) 20 7448 0200 |
| Financial Dynamics Billy Clegg / Ed Westropp |
Tel: +44 (0) 20 7831 3113 |
BPC.L (BPC)