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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 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBNK September 1, 2016 AIM: BNK Bankers Petroleum Ltd. ("Bankers Petroleum" or the "Company") Employee Stock Savings Plan - August 31, 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 August 16, 2016 to the period ending August 31, 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 31 August held as at 2016 as 31 % total August voting 2016 rights David August 31 1,165 583 1.93 1,023 277,102 0.1% French, President and Chief Executive Officer Douglas C. August 31 769 385 1.93 675 1,106,000 0.4% Urch, Executive Vice President, Finance and Chief Financial Officer Suneel August 31 770 385 1.93 675 610,195 0.2% Gupta, 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 September 20 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 END
(END) Dow Jones Newswires
September 02, 2016 02:00 ET (06:00 GMT)
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