Echo Energy PLC Warrant Exercise and Total Voting Rights (4012B)
January 09 2018 - 9:41AM
UK Regulatory
TIDMECHO
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 GBP86,956.49 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 f.macaulay@echoenergyplc.com
Will Holland, CFO 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
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