Appointment of Broker

RNS Number : 2180N

Echo Energy PLC

07 August 2017

 

7 August 2017

Echo Energy

("Echo" or "the Company")

Appointment of Broker

Echo Energy, the South and Central American focused upstream gas company, is pleased to announce that it has appointed Hannam & Partners to act as Financial Adviser and Corporate Broker to the Company with immediate effect.

The Company believes that Hannam & Partners bring a proven capability to originate and execute asset and corporate level transactions in line with the Company's strategy for corporate growth across the region, as well as supporting the Company on its interface with investors and providing targeted research for the company.

Hannam & Partners is a privately-owned, relationship-led merchant bank that specialises in offering independent corporate finance and capital markets advice to companies, institutions and governments. Hannam & Partners has a wealth of sector expertise with an active E&P base and a growing client list.  

In line with the Company's need for Market Making services and a retail trading platform a second Broker will be appointed to work alongside Hannam & Partners. An announcement of this appointment will be made in due course.

Fiona MacAulay, Chief Executive Officer of Echo Energy, commented:

"We are delighted to be adding a further significant building block to our company structure and believe that Hannam & Partners are ideally placed to add significant value to our growth strategy and market interaction. We look forward to working closely with the team at Hannam going forward."

For further information please contact:

Echo Energy plc Fiona MacAulay, CEO Will Holland, CFO	[e-mail] [e-mail]
ZAI Corporate Finance Ltd.(Nominated Adviser) John Treacy	020 7060 2220
Hannam & Partners (Advisory) LLP (Financial Adviser and Corporate Broker) Giles Fitzpatrick Andrew Chubb  Ernest Bell	020 7907 8500
Vigo Communications (PR Adviser) Patrick d'Ancona Chris McMahon Ali Roper	020 7830 9700

 

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