TIDMBPC

RNS Number : 6828M

Bahamas Petroleum Company PLC

25 January 2021

25 January 2021

Bahamas Petroleum Company plc

("BPC" or the "Company")

Resignation of Director

BPC announces that Leo Koot resigned as a Director of the Company on 22 January 2021. Mr Koot, who joined the Board on 24 August 2020 following the merger of the Company with Columbus Energy Resources plc ("Columbus"), has resigned for personal reasons.

Mr. Koot, with his deep prior understanding of the Company's assets in Trinidad & Tobago and Suriname, will remain available to assist the Company, as needed, under the terms of a consultancy agreement.

Bill Schrader, Chairman of BPC said:

" Leo has made a valued contribution to the Board of BPC since he joined on completion of the merger with Columbus, and we are sad that his personal circumstances require his resignation at this exciting time for our Company."

For further information, please contact:

 
     Bahamas Petroleum Company plc                Tel: +44 (0) 1624 
      Simon Potter, Chief Executive Officer        647 882 
 Strand Hanson Limited - Nomad                    Tel: +44 (0) 20 7409 
  Rory Murphy / James Spinney / Jack Botros        3494 
 Shore Capital Stockbrokers Limited -             Tel: +44 (0) 207 408 
  Joint Broker                                     4090 
  Jerry Keen / Toby Gibbs 
 Investec Bank Plc - Joint Broker                 Tel: +44 (0) 207 597 
  Chris Sim / Rahul Sharma                         5970 
 CAMARCO                                          Tel: +44 (0) 020 3757 
  Billy Clegg / James Crothers / Hugo Liddy        4980

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

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END

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