Receipt of Waiver

By

Regulatory News | 07 Nov, 2019

Updated : 07:04

RNS Number : 5603S
Echo Energy PLC
07 November 2019
 

7 November 2019

 

Echo Energy

("Echo" or the "Company")

 

Receipt of Waiver

 

Echo Energy, the Latin American-focused upstream oil and gas company, is pleased to announce that, further to the announcement made on 4 November 2019, the Waiver required to be received by the Company from the minority co-owner of the Santa Cruz Sur Assets in relation to the Acquisition has now been received.

 

Completion of the Acquisition remains conditional on the passing of the Resolutions at the General Meeting of the Company to be held  today.

 

Terms defined in the Circular dated 22 October 2019 apply throughout this announcement, unless the context requires otherwise.

 

For further information, please contact:

 

Echo Energy

Martin Hull, Chief Executive Officer

 

via Vigo Communications

Vigo Communications (PR Advisor)

Patrick d'Ancona

Chris McMahon

Simon Woods

 

+44 (0) 20 7390 0230

Cenkos Securities (Nominated Adviser)

Ben Jeynes

Katy Birkin

 

+44 (0) 20 7397 8900

Hannam & Partners (Joint Corporate Broker)

Giles Fitzpatrick

Andrew Chubb

Ernest Bell

 

+44 (0) 20 7907 8500

Shore Capital (Joint Corporate Broker)

Jerry Keen

 

+44 (0) 20 7408 4090

 

The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

 


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