Bankers chairman pockets £2.75m

The chairman and co-founder of Bankers Petroleum, Robert Cross, has sold half a million shares in the company for a whopping £2.75m.

The Canada-based oil and gas group reported Monday that Cross sold 500,000 common shares for 549.69p each on 14 April.

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"In 2010, Bankers was successful in progressing its strategic objectives and achieved record production, reserves, earnings and cash flow through its largest annual capital investment in Albania, of $122m," the statement said.

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Top Director Buys

New Europe Property Investments (NEPI) Director name: Mr Desmond de BeerAmount purchased: 69,000 @ €3.11 Value: €214,659

PureCircle Ltd. (DI) (PURE) Director name: Mr Paul E Selway-SwiftAmount purchased: 50,000 @ 107.50p Value: £53,750

PureCircle Ltd. (DI) (PURE) Director name: Mr Paul E Selway-SwiftAmount purchased: 27,000 @ 109.20p Value: £29,484

Corac Group (CRA) Director name: Mr Philip CartmellAmount purchased: 125,000 @ 18.00p Value: £22,500

Top Director Sells

Bankers Petroleum Ltd. (BNK) Director name: Mr Robert M D CrossAmount sold: 500,000 @ 549.69p Value: £2,748,450

G4S (GFS) Director name: Mr Grahame GibsonAmount sold: 100,000 @ 274.90p Value: £274,900

Bankers Petroleum Ltd. (BNK) Director name: Mr Eric M BrownAmount sold: 30,000 @ 549.33p Value: £164,799

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