Directorate Change

RNS Number : 4106A
Bahamas Petroleum Company PLC
01 February 2011
 



1 February 2011

Bahamas Petroleum Company PLC

("Bahamas Petroleum" or the "Company")

 

Directorate Change

 

Bahamas Petroleum, the oil and gas exploration company with licences in The Bahamas, is pleased to announce the appointment of Edward Shallcross to the board of the Company (the "Board"), as a Non-Executive Director, with immediate effect.

 

Mr. Shallcross has over 40 years of experience in the financial sector, predominantly at Barclays Bank plc, where he worked from 1960 until his retirement in 1998, at which point he held the role of Isle of Man Director and Senior Executive Director of the bank.  Since then, Mr. Shallcross has held a number of non-executive directorships including Trident On Line Gaming PLC, Murray & Roberts Group Limited and a number of AXA and Barclays related Isle of Man entities.  Mr. Shallcross is a Fellow of the Chartered Institute of Bankers.

 

Bahamas Petroleum's CEO, Dr Paul Crevello, commented: 

"I would like to welcome Edward to the Board and believe he will provide valuable assistance to the Company, particularly in view of his extensive expertise in the financial sector and his PLC board experience."

 

 

The following information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.

 

Edward Shallcross, aged 70, is a director or partner or has been a director or partner of the following entities during the previous five years:

 

 

Current directorships or partnerships

Past directorships or partnerships held within the last five years

 

 

The United Kingdom Defence Insurance Association (Isle of Man) Limited

AXA Isle of Man Limited

AXA Isle of Man Administration Limited

AXA Isle of Man Insurance Management Limited

Standard Manx Holdings Limited

Standard Bank IOM Limited

Standard Bank Trust Co IOM Limited

Standard Bank Stockbrokers IOM Limited0

Triskelian Trust Co IOM Limited

Standard Manx Holdings Limited

Standard Bank IOM Limited

Murray and Roberts Group Limited

Trident On Line Gaming PLC

Skyward Limited

Totem Financial Limited

 

There is no further information that is required to be disclosed pursuant to paragraph 9 (g) of Schedule Two of the AIM Rules for Companies in relation to Edward Shallcross.

 

 

- Ends -

 

For further information, please contact:

 

Bahamas Petroleum Company PLC

Alan Burns, Chairman

Dr Paul Crevello, Chief Executive Officer 

 

 

Tel: +44 (0) 1624 64 1199

Tel: +1 720 771 7583

Strand Hanson Limited - Nomad

Rory Murphy / Liam Buswell

 

 

Tel: +44 (0) 20 7409 3494

Novus Capital Markets Ltd - Joint broker

Charles Goodfellow

 

 

Tel: +44 (0) 20 7107 1881

FirstEnergy Capital LLP - Joint broker

Hugh Sanderson / Derek Smith

 

 

Tel: +44 (0) 20 7448 0200

Canaccord Genuity - Joint broker

Charles Berkeley / Henry Fitzgerald-O'Connor

 

 

Tel: +44 (0) 20 7050 6500

Financial Dynamics

Billy Clegg / Ed Westropp / Alex Beagley

 

Tel: +44 (0) 20 7831 3113

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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