Result of AGM and Director/PDMR Shareholding

RNS Number : 3056J

Echo Energy PLC

27 June 2017

 

Echo Energy plc

("Echo" or the "Company")

Result of AGM and Director/PDMR Shareholding

Result of AGM

The Board is pleased to announce that all the resolutions put to shareholders at today's Annual General Meeting were passed.

The presentation that was made at the AGM this morning will be uploaded to the Company's web site this afternoon.

Persons Disclosing Managerial Responsibilities

Further to the announcement made on Friday, 23 June 2017 the Company advises that a notification has been made by Greenberry plc, the Company's cornerstone investor in respect of its requirements under the Market Abuse Regulations.

James Parsons		Echo Energy plc	[e-mail]
Fiona MacAulay		Echo Energy plc	[e-mail]
John Treacy		ZAI Corporate Finance Ltd. (Nominated Adviser)	020 7060 2220
Oliver Stansfield Jonathan Evans		Brandon Hill Capital (Broker)	020 3463 5000
Patrick d'Ancona Chris McMahon                   Ali Roper		Vigo Communications (PR Adviser)	020 7830 9700

The information contained within this announcement is considered to be inside information prior to its release as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

ANNEX

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Greenberry plc
2	Reason for the notification
a)	Position/status	Notification concerns a PCA, being a legal person the managerial responsibilities of which are discharged by Marco Fumagalli, a PDMR of Echo Energy plc
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Echo Energy plc
b)	LEI	2138006SNII7SKIGG445
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Warrants
	Identification code
b)	Nature of the transaction	Sale of warrants
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			3p	61,538,462
			15.175p	138,749,177
d)	Aggregated information
	- Aggregated volume	N/A
	- Price	N/A
e)	Date of the transaction	23 June 2017
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Greenberry plc
2	Reason for the notification
a)	Position/status	Notification concerns a PCA, being a legal person the managerial responsibilities of which are discharged by Marco Fumagalli, a PDMR of Echo Energy plc
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Echo Energy plc
b)	LEI	2138006SNII7SKIGG445
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
				26,745,910
d)	Aggregated information
	- Aggregated volume	26,745,910
	- Price	GDP 447,994
e)	Date of the transaction	23 June 2017
f)	Place of the transaction	London Stock Exchange

 

END

 

 

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