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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 | 111,048,585 | 07:32:21 |
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 : 4588K
Echo Energy PLC
07 July 2017
7 July 2017
Echo Energy plc
("Echo" or the "Company")
Investor Conference Call / Director PDMR Shareholding / Regulatory Update
Echo Energy, the South and Central American focused upstream gas company, is pleased to confirm the following updates:
Investor Conference Call
The Company would like to invite all shareholders to join Echo Energy's first investor conference call on Thursday, 20(th) July 2017 at 10:00 a.m. The Company will separately notify investors of dial-in details.
Director/PDMR Shareholding
The Company further announces that it has been notified that on 5 July 2017 Fiona MacAulay, the Company's Chief Executive Officer, purchased 142,766 ordinary shares in the Company ("Ordinary Shares") at a price of 14 pence per Ordinary Share.
As a result of this purchase of Ordinary Shares, Fiona MacAulay is interested in 142,766 Ordinary Shares, representing 0.039% of the Company's issued ordinary share capital.
Regulatory Update
Following completion of the technical evaluation period either Party (Echo Energy or Pluspetrol) have the right to exit the agreement if between them commercial terms cannot be agreed. The acquisition of an interest by Echo Energy from Pluspetrol in the Huayco field remains contingent on final commercial terms being agreed and accordingly the Company does not have a right to acquire any interest at this stage.
For further information please contact:
Fiona MacAulay Chief Executive, f.macaulay@echoenergyplc.com Echo Energy plc James Parsons Chairman, Echo Energy j.parsons@echoenergyplc.com plc 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
Annex
Notification 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 Fiona MacAulay ---- ----------------------------- ----------------------------------- 2 Reason for the notification ---- ------------------------------------------------------------------ a) Position/status PDMR (Director of Echo Energy plc) ---- ----------------------------- ----------------------------------- 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 Ordinary Shares of 0.25p each the financial instrument, type of instrument ---- Identification GB00BF0YPG76 code b) Nature of the Purchase of ordinary shares transaction ---- ----------------------------- ----------------------------------- c) Price(s) and volume(s) ---- --------------- --------------- Price(s) Volume(s) ---- --------------- --------------- 14p 142,766 --------------- --------------- d) Aggregated information N/A (single transaction) ---- e) Date of the transaction 5 July 2017 ---- ----------------------------- ----------------------------------- f) Place of the London Stock Exchange transaction ---- ----------------------------- -----------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRLLFFIDTIDIID
(END) Dow Jones Newswires
July 07, 2017 06:31 ET (10:31 GMT)
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