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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% | 0.0031 | 0.003 | 0.0032 | 0.0031 | 0.0031 | 0.0031 | 74,010,892 | 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 |
TIDMECHO
RNS Number : 9424M
Echo Energy PLC
02 August 2017
FOR IMMEDIATE RELEASE
Echo Energy plc
("Echo" or the "Company")
Exercise of Warrants
Echo Energy, the South and Central American upstream gas company, announces that it has received notice from warrant holders for the exercise of 2,400,000 warrants over ordinary shares of 0.25 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of 1.625p per warrant (the "Warrants").
Application has been made for admission of these 2,400,000 new Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place at 8.00 a.m. on 7 August 2017.
Following Admission, Echo Energy will have 364,539,733 Ordinary Shares in issue and admitted to trading on AIM.
The figure, therefore, of 364,539,733 Ordinary Shares may be used by Shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the share capital of Echo under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. Echo holds no Ordinary Shares in treasury.
For further information please contact:
Echo Energy plc f.macaulay@echoenergyplc.com Fiona MacAulay w.holland@echoenergyplc.com Will Holland --------------------------- ------------------------------ ZAI Corporate Finance Ltd. (Nominated Adviser) John Treacy 020 7060 2220 --------------------------- ------------------------------ Vigo Communications (PR Adviser) Patrick d'Ancona Chris McMahon Ali Roper 020 7830 9700 --------------------------- ------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEZLLFBDVFEBBV
(END) Dow Jones Newswires
August 02, 2017 11:00 ET (15:00 GMT)
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