Director/PDMR Shareholding
May 26 2010 - 12:00PM
UK Regulatory
TIDMBPC
RNS Number : 6058M
BPC Ltd
26 May 2010
26 May 2010
BPC Limited
("BPC" or the "Company")
Director's shareholding
BPC, the oil and gas exploration company with licences in The Bahamas, today
announces that it was notified by Alan Burns, Chairman and Chief Executive
Officer of the Company, that he has transferred 50,000 ordinary shares of 0.002p
each in the Company ("Ordinary Shares"), at nil cost, from Burns Family
Investments Limited, a family company of Mr Burns registered in the Isle of Man,
to his own name.
As a result of this transaction, Mr Burns remains beneficially interested in
44,820,000 Ordinary Shares, representing approximately 5.21 per cent. of the
issued Ordinary Share capital of the Company.
This transaction has been effected to accommodate what was proposed in relation
to the scheme of arrangement relating to the re-domiciliation announced on 26
April 2010.
Enquiries:
+----------------------------------------+--------------------+
| BPC Limited | |
| Alan Burns, Chairman and CEO | Tel: +44 (0) 1624 |
| Dr Paul Crevello, Chief Operating | 64 1199 |
| Officer | 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 |
+----------------------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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