BNK Bankers Pet

 
TIDMBNK 
 
August 3, 2016 
 
AIM: BNK 
Bankers Petroleum Ltd. ("Bankers Petroleum" or the "Company") 
Employee Stock Savings Plan - July 29, 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 July 16, 2016 to the period ending July 
29, 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    29 July 
                                                                        held as at  2016 as 
                                                                         29 July    % total 
                                                                           2016     voting 
                                                                                    rights 
 
David          July 29     1,125        563        2.00        940       272,697     0.1% 
French, 
President and 
Chief 
Executive 
Officer 
 
Douglas C.     July 29      743         372        2.00        621      1,103,092    0.4% 
Urch, 
 Executive 
Vice 
President, 
Finance and 
Chief 
Financial 
Officer 
 
Suneel Gupta,  July 29      743         372        2.00        620       607,287     0.2% 
 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 August 18 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: 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 
 

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