Warrant Exercise and Total Voting Rights

RNS Number : 4012B
Echo Energy PLC
09 January 2018
 

 9 January 2018

 

Echo Energy plc

("Echo" or the "Company")

 

Warrant Exercise and Total Voting Rights

 

Echo Energy plc, the South and Central American focused upstream gas company, announces that as a result of a warrant exercise at a price of 15.1875 pence per share the Company has received gross proceeds of £86,956.49 and has issued 572,553 new ordinary shares of 0.25p each in the Company (the "New Ordinary Shares").

 

Application has been made for the New Ordinary Shares, which will rank pari passu with the existing ordinary shares, to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on 11 January 2018.

 

Following Admission, the total number of ordinary shares and voting rights in the Company will be 401,503,698 (no ordinary shares are held by the Company in treasury). This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

 

For further information please contact:

 

Echo Energy plc

Fiona MacAulay, CEO

Will Holland, CFO

 

 

f.macaulay@echoenergyplc.com

w.holland@echoenergyplc.com

Smith & Williamson (Nominated Adviser)

Azhic Basirov

David Jones

Ben Jeynes

 

+44 (0)20 7131 4000

Hannam & Partners (Advisory) LLP (Financial Adviser and Corporate Broker)

Giles Fitzpatrick

Andrew Chubb

Ernest Bell

 

+44 (0)20 7907 8500

 

Vigo Communications (PR Adviser)

Patrick d'Ancona

Chris McMahon

Ali Roper

+44 (0)20 7830 9700

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEKLFBVFFZBBB
UK 100

Latest directors dealings