Echo Energy PLC Holding(s) in Company (0434D)

TIDMECHO

RNS Number : 0434D

Echo Energy PLC

21 April 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                         Echo Energy Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------------  -------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
-------------------------------------------------------------------  ---------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-------------------------------------------------------------------  ---------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
-------------------------------------------------------------------  ---------------- 
 An event changing the breakdown of voting rights                            x 
-------------------------------------------------------------------  ---------------- 
 Other (please 
  specify): 
---------------------------------------------------------  --------  ---------------- 
 3. Full name of person(s)                                             Greenberry Plc 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------ 
 5. Date of the transaction                                                18/04/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------ 
 6. Date on which issuer                                                   18/04/2017 
  notified: 
-----------------------------------------------------------  ------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                  Resulting situation after the 
  of             to the triggering                   triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  ----------------------------------  ------------------------------------------------------------------- 
                Number            Number            Number           Number of                % of voting 
                of                 of                of shares        voting                   rights (x) 
                Shares             Voting                             rights 
                                   Rights 
-------------  ----------------  ----------------  ---------------  -----------------------  ------------------------- 
                                                    Direct           Direct     Indirect      Direct        Indirect 
                                                                     (xi)        (xii) 
-------------      ------------    ------------    ---------------  ---------  ------------  ------------  ----------- 
 GB00B0RNX796   25.82%                              1,671,619,396                             27.15% 
               ----------------------------------  --------------------------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                          Number of voting           % of voting 
 financial           date            Conversion                         rights that                rights 
 instrument          (xiii)          Period (xiv)                       may be 
                                                                        acquired if 
                                                                        the 
                                                                        instrument 
                                                                        is 
                                                                        exercised/ 
                                                                        converted. 
-----------------  --------------  ---------------------------------  -------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration      Exercise/          Number of voting           % of voting 
 financial         price          date            Conversion          rights instrument          rights (xix, 
 instrument                       (xvii)          period              refers to                  xx) 
                                                  (xviii) 
---------------  --------------  --------------  -----------------  -------------------------  ----------------------- 
 530,878,411      GBP             09(th)          Life               NA                         Nominal       Delta 
 Warrant           0.0012          March           of the 
 instrument                        2022            warrant 
---------------  --------------  --------------  -----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  ----------------------------------------------------------------- 
 1,671,619,396                                        27.15% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------- 
 
 
 Proxy Voting: 
---------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                Greenberry Plc 
---------------------------------------------  ----------------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
---------------------------------------------  ----------------------------- 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
---------------------------------------------  ----------------------------- 
 
 
  13. Additional information: 
-------------------------------------------  ------------------------------- 
 14. Contact name:                              Andrea Mauro Bruno Quadranti 
-------------------------------------------  ------------------------------- 
 15. Contact telephone number: 
-------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 21, 2017 11:56 ET (15:56 GMT)