Holding(s) in Company

RNS Number : 2470D

Echo Energy PLC

25 April 2017

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Echo Energy PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					ü
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights					ü
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Brandon Hill Capital Limited
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		24.04.17
6. Date on which issuer notified:		24.04.17
7. Threshold(s) that is/are crossed or reached: vi, vii		12,11,10

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B0RNX796

798,076,027

556,076,027

9.0%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Warrant Warrant Warrant Warrant Warrant Warrant Warrant Warrant Warrant Warrant Warrant Warrant

1.5p 1.5p 1.5p 1.2p 1.5p 1.0p 1.0p 1.0p 1.0p 0.72p 0.12p 0.08p

28.05.17 28.05.17 28.05.17 28.05.18 28.05.17 18.11.17 18.11.17 18.11.17 18.11.17 18.11.18 09.12.18 09.12.18

1,161,500 726,800 3,888,500 4,000,000 2,433,200 8,333,333 13,666,666 3,000,000 14,550,000 6,000,000 333,245,000 47,912,250

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

994,993,276

15.1%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Karl Hughes
15. Contact telephone number:	020 3463 5084

 

 

END

 

 

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