Echo Energy PLC Director/PDMR Shareholding (2483Q)

TIDMECHO

RNS Number : 2483Q

Echo Energy PLC

15 February 2019

15 February 2019

Echo Energy plc

("Echo Energy" or the "Company")

Director/PDMR Shareholding

Echo Energy, the Latin American focused upstream oil and gas company, announces that it has been notified that Martin Hull, the Company's Managing Director, has today purchased a total of 600,000 ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") at an average price of 4.21 pence per Ordinary Share.

As a result, Mr. Hull is now interested in a total of 600,000 Ordinary Shares, representing 0.13 per cent. of the Company's issued ordinary share capital.

The notification below, made in accordance with the EU Market Abuse Regulation, provides further details in relation to the purchase of Ordinary Shares.

For further information please contact:

 
 Echo Energy 
  Martin Hull, Managing Director            [e-mail] 
 Cenkos Securities (Nominated Adviser) 
  David Jones 
  Ben Jeynes 
  Katy Birkin                             [phone] 
 Hannam & Partners (Joint Corporate 
  Broker) 
  Giles Fitzpatrick 
  Andrew Chubb 
  Ernest Bell                             [phone] 
 
 
 Shore Capital (Joint Corporate Broker) 
  Jerry Keen                               [phone] 
 
 
 Vigo Communications (PR Adviser) 
  Patrick d'Ancona 
  Chris McMahon                      [phone] 
 

NOTIFICATIONS 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                                     Martin Hull 
      ---------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------- 
 a)    Position/status                          PDMR (Director) 
      ---------------------------------------  ----------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ----------------------------------- 
 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                       Ordinary shares of 0.25p each 
        financial instrument, 
        type of instrument 
 
       Identification code                      GB00BF0YPG76 
 
 b)    Nature of the transaction                Purchase of ordinary shares 
      ---------------------------------------  ----------------------------------- 
 c)    Price(s) and volume(s) 
                                                ---------------  --------------- 
                                                 Price(s)         Volume(s) 
                                                ---------------  --------------- 
                                                 4.200p           500,000 
                                                ---------------  --------------- 
                                                 4.239p           100,000 
                                                ---------------  --------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      600,000 
 
  - Price                                  4.207p 
 
 e)    Date of the transaction                  15 February 2019 
      ---------------------------------------  ----------------------------------- 
 f)    Place of the transaction                 AIMX 
      ---------------------------------------  ----------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

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February 15, 2019 07:07 ET (12:07 GMT)