Receipt of Waiver

RNS Number : 5603S

Echo Energy PLC

07 November 2019

 

7 November 2019

Echo Energy

("Echo" or the "Company")

Receipt of Waiver

Echo Energy, the Latin American-focused upstream oil and gas company, is pleased to announce that, further to the announcement made on 4 November 2019, the Waiver required to be received by the Company from the minority co-owner of the Santa Cruz Sur Assets in relation to the Acquisition has now been received.

Completion of the Acquisition remains conditional on the passing of the Resolutions at the General Meeting of the Company to be held  today.

Terms defined in the Circular dated 22 October 2019 apply throughout this announcement, unless the context requires otherwise.

For further information, please contact:

Echo Energy Martin Hull, Chief Executive Officer	via Vigo Communications
Vigo Communications (PR Advisor) Patrick d'Ancona Chris McMahon Simon Woods	[phone]
Cenkos Securities (Nominated Adviser) Ben Jeynes Katy Birkin	[phone]
Hannam & Partners (Joint Corporate Broker) Giles Fitzpatrick Andrew Chubb Ernest Bell	[phone]
Shore Capital (Joint Corporate Broker) Jerry Keen	[phone]

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

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