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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Echo Energy Plc | LSE:ECHO | London | Ordinary Share | GB00BF0YPG76 | ORD 0.0001P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0041 | 0.004 | 0.0042 | 0.0041 | 0.0041 | 0.0041 | 153,456,502 | 08:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Drilling Oil And Gas Wells | 14.11M | -9.59M | -0.0017 | 0.00 | 0 |
From Apr 2019 to Apr 2024
TIDMECHO
RNS Number : 0750J
Echo Energy PLC
23 June 2017
23 June 2017
Echo Energy plc
("Echo" or the "Company")
Holdings in Company
Echo Energy, the South American focused upstream oil & gas company has been advised that Greenberry plc, the Company's Cornerstone Investor, has executed the following pre-planned transactions to distribute its equity and warrant position amongst a broad portfolio of pre-identified Institutional Investors, as follows:
61,538,462 warrants exercisable at 3.0 pence per warrant sold to an Institutional Investor on 23(rd) June 2017 for a price of GBP 0.0001 per warrant;
138,749,177 warrants exercisable at 15.175 pence per warrants, sold to a number of Institutional and Corporate Investors on 23(rd) June 2017 in two tranches being 30,431,634 transferred at nil consideration and 108,317,352 transferred for a consideration of GBP 108,318;
In addition, Greenberry has sold 26,745,910 shares on 23(rd) June 2017 for a total consideration of GBP 447,994.
As a result of the above transactions Greenberry now holds 40,118,865 shares totalling 11.1% of the Company's voting rights and 30,653,292 warrants.
Hot Features
Premium
James Parsons Echo Energy plc j.parsons@echoenergyplc.com
Fiona MacAulay Echo Energy plc f.macaulay@echoenergyplc.com
ZAI Corporate Finance
John Treacy Ltd. 020 7060 2220
(Nominated Adviser)
Oliver Stansfield Brandon Hill Capital
Jonathan Evans (Broker) 020 3463 5000
Patrick d'Ancona
Chris McMahon Vigo Communications
Ali Roper (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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLBRGDLXDDBGRX
(END) Dow Jones Newswires
June 23, 2017 13:26 ET (17:26 GMT)
1 Year Echo Energy Chart |
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