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15 Feb 2019 12:07
15 February 2019
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Echo Energy plc
("Echo Energy" or the "Company")
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Director/PDMR Shareholding
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Echo Energy, the Latin American focused upstream oil and gas company, announces that it has been notified that Martin Hull, the Company's Managing Director, has today purchased a total of 600,000 ordinary shares of 0.25 pence each in the Company ("Ordinary Shares") at an average price of 4.21 pence per Ordinary Share.
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As a result, Mr. Hull is now interested in a total of 600,000 Ordinary Shares, representing 0.13 per cent. of the Company's issued ordinary share capital.
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The notification below, made in accordance with the EU Market Abuse Regulation, provides further details in relation to the purchase of Ordinary Shares.
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For further information please contact:
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Echo Energy Martin Hull, Managing Director | Ā m.hull@echoenergyplc.com |
Cenkos Securities (Nominated Adviser) David Jones Ben Jeynes Katy Birkin Ā Ā | +44 (0)20 7397 8900 |
Hannam & Partners (Joint Corporate Broker) Giles Fitzpatrick Andrew Chubb Ernest Bell Ā Ā | +44 (0)20 7907 8500 Ā |
Shore Capital (Joint Corporate Broker) Jerry Keen Ā | +44 (0)20 7408 4090 |
Vigo Communications (PR Adviser) Patrick d'Ancona Chris McMahon Ā Ā | +44 (0)20 7390 0230 |
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NOTIFICATIONS AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1 Ā | Details of the person discharging managerial responsibilities / person closely associated Ā | ||||
a) Ā | Name Ā Ā | Martin Hull | |||
2 Ā | Reason for the notification Ā | ||||
a) Ā | Position/status Ā Ā | PDMR (Director) | |||
b) Ā | Initial notification /Amendment Ā Ā | Initial notification | |||
3 Ā | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Ā | ||||
a) Ā | Name Ā Ā | Echo Energy plc | |||
b) Ā | LEI Ā Ā | 2138006SNII7SKIGG445 | |||
4 Ā | 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 Ā Ā | ||||
a) Ā | Description of the financial instrument, type of instrument | Ordinary shares of 0.25p each | |||
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Identification code | GB00BF0YPG76 | ||||
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b) Ā | Nature of the transaction Ā Ā | Purchase of ordinary shares | |||
c) Ā | Price(s) and volume(s) | Ā | Ā | Ā | Ā |
Ā | Ā | Price(s) | Volume(s) | Ā | |
Ā | Ā | 4.200p | 500,000 | Ā | |
Ā | Ā | 4.239p | 100,000 | Ā | |
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d) Ā | Aggregated information | Ā | |||
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- Aggregated volume | 600,000 | ||||
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- Price | 4.207p | ||||
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e) Ā | Date of the transaction Ā Ā | 15 February 2019 | |||
f) Ā | Place of the transaction Ā Ā | AIMX | |||
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