Share Name Share Symbol Market Type Share ISIN Share Description
Echo Energy LSE:ECHO London Ordinary Share GB00B0RNX796 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.005p +1.02% 0.495p 0.48p 0.51p 0.52p 0.49p 0.49p 26,213,674.00 10:32:36
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.8 -1.1 - 30.48

Independent Resources PLC Director Appointment Confirmed

28/03/2017 7:02am

UK Regulatory (RNS & others)


Echo Energy (LSE:ECHO)
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RNS Number : 6628A

Independent Resources PLC

28 March 2017

Independent Resources plc

("Independent Resources" or the "Company")

Director Appointment Confirmed

Independent Resources, the upstream oil & gas company, is pleased to announce that, further to the announcement of 6 March 2017, Marco Fumagalli, has been appointed to the board as Non-Executive Director with immediate effect.

For further information please contact:

 
Independent Resources / Echo Energy 
 James Parsons, Chairman 
 Greg Coleman, Chief Executive Officer      j.parsons@echoenergyplc.com 
                                            g.coleman@echoenergyplc.com 
 
   ZAI Corporate Finance Limited - Nominated Adviser                           +44 (0) 20 7060 2220 

John Treacy / Jamie Spotswood

Brandon Hill Capital Limited - Broker +44 (0) 20 3463 5000

Jonathan Evans / Oliver Stansfield

Updated Disclosures

Marco Fumagalli, aged 46, holds no direct interest in the shareholding of the Company, but is a Founding Partner of, and a 25% shareholder in Continental Investment Partners (an affiliate of Greenberry plc, the Company's new cornerstone investor).

Greenberry plc currently holds 1,002,971,638 ordinary shares in the Company and warrants over a further 53,078,411 ordinary shares which were acquired as part of the Company's financing announced 6 March 2017.

Current Directorships

SOUND ENERGY PLC

PROTEA CAPITAL SA

MINISTERIUM CAPITAL SA

CIP MANAGEMENT SA

SHERWOOD HOLDINGS LIMITED

CORIN GROUP PLC

CORIN ITALIA SRL

CORIN ORTHOPAEDICS HOLDINGS LIMITED

ECOMMERCE OUTSOURCING SRL

P101 HOLDING SPA

P101 SGR SPA

P101 SICAF SPA

Previous Directorships or Partnerships in the past 5 years

CONTINENTAL INVESTMENT PARTNERS SA

DERIBAS CAPITAL SA

GREENBERRY SA

METANTO SA

NO PAPER JAM SRL

GLOBAL GARDEN PRODUCTS ITALY SPA

TERASHOP SRL*

CORIN ITALIA SRL

*Terashop SRL entered a voluntary liquidation 17 April 2014

There is nothing more to disclose in accordance with Schedule 2(g) or Rule 17 of the AIM Rules.

The information communicated in this announcement is inside information for the purposes of Article 7 of Market Abuse Regulation 596/2014 ("MAR").

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOAJRMATMBATBLR

(END) Dow Jones Newswires

March 28, 2017 02:02 ET (06:02 GMT)

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