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BPC CEO, chairman buy company shares

According to Alliance News, Bahamas Petroleum Co PLC Tuesday said chief executive officer Simon Potter (left) bought 1 million shares at a price of 3.72 pence per share taking his share in the company to 0.16 per cent. BPC also said that chairman Bill Schrader (below, right) bought 250,000 shares at the same price, which is his only holding in the company. Stock photos via TheBahamasInvestor.com.

Source:
Date:
Updated:
Alliance News via LSE.co.uk
Wednesday, May 21, 2014
Wednesday, May 21, 2014

[Note: Any reference to stocks and its underlying recommendation does not reflect the opinion of The Bahamas Investor or any of its contributors.]

LONDON (Alliance News) – Bahamas Petroleum Company PLC Tuesday said Chief Executive Officer Simon Potter [pictured, left] bought 1 million shares at a price of 3.72 pence per share.

Bill SchraderFollowing this transaction, Potter now holds 2 million shares, which represents 0.16% stake in the firm.

The company also said, Chairman Bill Schrader [right] bought 250,000 shares at the same price, which is his only holding in the company.

This is an excerpt from Alliance News via LSE.co.uk as it appeared on May 21, 2014. For updates or to read the current version of this post in its entirety, please click here.

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New York-based luxury real estate auction firm Concierge Auctions has announced the pending sale of three high-end properties in The Bahamas. The auction, held in cooperation with George Damianos of Damianos Sotheby's International Realty, who represented the seller of Innocence Island, and Lamond and Robyn Davis of Sterling Bahamas Realty, who represented the seller of two residences at Grand Bahama Yacht Club in Freeport, brought together a mix of high-profile bidders from around the world.

A total of around 150 students are expected to graduate from the Baha Mar resort's Leadership Development Institute next week after completing a 16-week course designed to prepare them for key roles in the hospitality industry. Watch a ZNS Network news report here.

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