12 August 2011
Bahamas Petroleum Company plc
("Bahamas Petroleum" or the "Company")
Holding in Company
Bahamas Petroleum, the oil and gas exploration company with licences in The Bahamas, announces that yesterday it received notification from Citigroup Global Markets UK Equity Limited ("Citigroup") that, following the acquisition of 25,000,000 ordinary shares of 0.002 pence each in the capital of the Company ("Ordinary Shares") on 9 August 2011, Citigroup is now interested in 62,515,105 Ordinary Shares, representing approximately 5.08 per cent. of the issued ordinary share capital of the Company.
For further information contact:
Bahamas Petroleum Company plc Alan Burns, Chairman / Founder
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Tel: +44 (0) 1624 641194 |
Strand Hanson Limited - Nomad Rory Murphy / Liam Buswell
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Tel: +44 (0) 20 7409 3494
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Financial Dynamics Billy Clegg / Ed Westropp / Alex Beagley |
Tel: +44 (0) 20 7831 3113
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Canaccord Genuity Limited - Joint broker Charles Berkeley / Henry Fitzgerald-O'Connor
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Tel: +44 (0) 20 7050 6500 |
FirstEnergy Capital LLP - Joint broker Hugh Sanderson / Derek Smith
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Tel: +44 (0) 20 7448 0200 |
Novus Capital Markets Ltd - Joint broker Nicholas Lee |
Tel: +44 (0) 20 7107 1894 |