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Share Price Information for Eco (Atlantic) (ECO)

London Stock Exchange
Share Price: 164.00
Bid: 163.00
Ask: 165.00
Change: -13.00 (-7.34%)
Spread: 2.00 (1.23%)
Open: 170.00
High: 174.00
Low: 162.50
Yest. Close: 177.00
ECO Live PriceLast checked at -

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Guanabara makes final bid for EcoSecurities

Tue, 1st Sep 2009 09:22

Dutch firm Guanabara Holdings has upped the ante in its hostile takeover attempt of Irish carbon credit companyEcoSecurities with an increased and final offer.

Guanabara has raised its offer terms from 77p in cash per EcoSecurities share to 90p per share.

The Dutch company said the offer terms would not be increased. The offer period has been extended until 1:00pm (Dublin time) on 18 September and will not be extended further unless the offer is unconditional as to acceptances by the deadline.

Notwithstanding the above, the company reserves the right to amend the offer terms should a competing bid for EcoSecurities emerge.

Guanabara has received acceptances in respect of about 25.53% of EcoSecurities' issued share capital. That puts it halfway towards succeeding in its takeover attempt after the company lowered the threshold for the offer to be declared unconditional to 50% from 80%.

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Eco Atlantic upbeat as drilling begins on 'Joe' prospect

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Eco Atlantic upbeat on recent drilling in Guyana

(Sharecast News) - Guyana-focussed exploration company Eco Atlantic Oil & Gas updated the market on recent trading on Friday, reporting that it ended the quarter to 31 March with cash and cash equivalents of CAD 25m (£15.37m).

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Eco Atlantic enters 2019 with vigour

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27 Feb 19 11:12

Eco Atlantic Oil & Gas secures rig for Guyana exploration well

(Sharecast News) - Eco Atlantic Oil & Gas on Wednesday contracted a rig, the Stena Forth, to drill an exploration well at the Jethro-Lobe prospect on the Orinduik Block offshore Guyana.

20 Feb 19 16:42

Friday broker round-up

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11 Jan 19 13:28

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EcoSecurities welcomes JP Morgan bid

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14 Sep 09 08:49

London open: Footsie starts flat

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3 Sep 09 07:37

Tricorona scraps EcoSecurities bid

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3 Sep 09 07:22

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