ECHO Echo Energy Plc

TIDMECHO

RNS Number : 4012B

Echo Energy PLC

09 January 2018

9 January 2018

Echo Energy plc

("Echo" or the "Company")

Warrant Exercise and Total Voting Rights

Echo Energy plc, the South and Central American focused upstream gas company, announces that as a result of a warrant exercise at a price of 15.1875 pence per share the Company has received gross proceeds of GBP86,956.49 and has issued 572,553 new ordinary shares of 0.25p each in the Company (the "New Ordinary Shares").

Application has been made for the New Ordinary Shares, which will rank pari passu with the existing ordinary shares, to be admitted to trading on AIM ("Admission") and dealings are expected to commence at 8.00 a.m. on 11 January 2018.

Following Admission, the total number of ordinary shares and voting rights in the Company will be 401,503,698 (no ordinary shares are held by the Company in treasury). This number may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information please contact:

 
 Echo Energy plc 
  Fiona MacAulay, CEO                  f.macaulay@echoenergyplc.com 
  Will Holland, CFO                    w.holland@echoenergyplc.com 
 Smith & Williamson (Nominated 
  Adviser) 
  Azhic Basirov 
  David Jones 
  Ben Jeynes                         +44 (0)20 7131 4000 
 Hannam & Partners (Advisory) 
  LLP (Financial Adviser and 
  Corporate Broker) 
  Giles Fitzpatrick 
  Andrew Chubb 
  Ernest Bell                        +44 (0)20 7907 8500 
 Vigo Communications (PR Adviser) 
  Patrick d'Ancona 
  Chris McMahon 
  Ali Roper                          +44 (0)20 7830 9700 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 09, 2018 10:41 ET (15:41 GMT)

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