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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bankers Pet | LSE:BNK | London | Ordinary Share | CA0662863038 | COM SHS NPV (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 125.50 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBNK September 16, 2016 AIM: BNK Bankers Petroleum Ltd. ("Bankers Petroleum" or the "Company") Employee Stock Savings Plan - September 15, 2016 Update Further to the Company's announcement of January 16, 2013 regarding the implementation of an Employee Stock Savings Plan ("ESSP"), Bankers Petroleum announces that during the period from September 1, 2016 to the period ending September 15, 2016, the following purchases were made by senior employees: Name Date of Number of Employer's Purchase Employer's Resulting Resulting Purchase Common Contribution Price Contribution Number of Holding Shares (1) (Cdn. $) Vested(2) Common as at Purchased Shares 15 held as at September 15 2016 as September % total 2016 voting rights David September 1,030 515 2.18 1,225 279,357 0.1% French, 15 President and Chief Executive Officer Douglas C. September 680 340 2.18 809 1,107,489 0.4% Urch, 15 Executive Vice President, Finance and Chief Financial Officer Suneel September 680 340 2.18 809 611,684 0.2% Gupta, 15 Executive Vice President and Chief Operating Officer 1. These shares are the matching shares purchased by the Company, which shall vest to the shareholder twelve months from the date of purchase, provided the shareholder is still an employee of the Company. As of January 1, 2016 the Company's matching shares were reduced from 100% to 50% of the employees purchase amount. 2. These shares are the matching shares purchased by the Company twelve months ago and are now vested to the shareholder. As previously announced, under the ESSP, employees may use up to 10% of their salary (matched equally by the Company) to purchase Bankers Petroleum shares on the Toronto Stock Exchange, on each pay period (midmonth and month-end). David French, Douglas Urch and Suneel Gupta elected to participate in the plan, with a participation level of 10% of each of their respective salaries. All further announcements regarding the senior employees' participation in the ?ESSP will be announced within 3 business days of their occurrence and accordingly the next announcement is expected on October 5 or sooner, if required. For further information, contact: Doug Urch Executive VP, Finance and Chief Financial Officer Ph: (403) 513-2691 Email: investorrelations@bankerspetroleum.com Website: http://www.bankerspetroleum.com/ AIM NOMAD: Canaccord Genuity Limited Henry Fitzgerald-O'Connor +44 0 207 523 8000 AIM BROKER: FirstEnergy Capital LLP Hugh Sanderson / David van Erp +44 0 207 448 0200 (BNK) END
(END) Dow Jones Newswires
September 19, 2016 02:00 ET (06:00 GMT)
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