Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEckoh Technologies Regulatory News (ECK)

  • This share is currently suspended. It was suspended at a price of 53.80
  • There is currently no data for ECK

Update on Redstone Loan Repayment

13 Sep 2010 12:22

RNS Number : 5712S
Eckoh PLC
13 September 2010
 



13 September 2010

 

Eckoh plc

("Eckoh" or the "Company")

 

Update on Redstone Loan Repayment

 

Further to the announcements on 24 August and 8 September 2010, Eckoh confirms that of the 200 million shares in Redstone plc ("Redstone") that were issued to Eckoh, 100 million have been sold, as anticipated, for £500,000 (before expenses). In addition, a further 20 million of the Redstone shares have been sold for £100,000 (before expenses) (Redstone having waived the lock-in in respect of those shares). When combined with the £500,000 settlement fee due to be paid this week, a total of £1.1 million will be received by Eckoh. 

 

Eckoh therefore retains 80 million shares in Redstone, representing approximately 3.12% of the issued share capital, and in accordance with the loan repayment agreement, these shares remain subject to a lock-in until 8 September 2011.

 

Enquiries:

Eckoh plc

Nik Philpot, Chief Executive Officer

Adam Moloney, Group Finance Director

www.eckoh.com

Tel: 01442 458 300

Corfin Public Relations

Harry Chathli, Claire Norbury

Tel: 020 7596 2860

Seymour Pierce

Jonathan Wright, Jeremy Porter (Nominated Adviser)

Tel: 020 7107 8000

Jacqui Briscoe (Corporate Broking)

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCKKNDBDBKDKCD
Date   Source Headline
21st Jan 20257:00 amRNSCancellation - Eckoh Plc
20th Jan 20255:35 pmRNSHolding(s) in Company
20th Jan 20252:50 pmRNSHolding(s) in Company
20th Jan 202512:28 pmGNWForm 8.3 - [ECKOH PLC - 17 01 2025] - (CGWL)
20th Jan 202511:22 amRNSScheme Effective
20th Jan 202510:52 amRNSForm 8.5 (EPT/RI)
20th Jan 20257:30 amRNSSuspension - Eckoh plc
17th Jan 20253:25 pmRNSForm 8.3 - Eckoh plc
17th Jan 20253:16 pmPRNForm 8.3 - Eckoh PLC
17th Jan 20258:49 amRNSRule 2.9 Announcement
16th Jan 20253:16 pmRNSForm 8.3 - ECKOH PLC
16th Jan 20251:13 pmPRNForm 8.3 - Eckoh PLC
16th Jan 202512:00 pmRNSForm 8.5 (EPT/RI) - Eckoh Plc
16th Jan 202511:51 amRNSCourt sanction of the Scheme
16th Jan 202510:20 amRNSForm 8.3 - Eckoh plc
15th Jan 20251:14 pmPRNForm 8.3 - Eckoh PLC
15th Jan 202511:54 amPRNForm 8.3 - Eckoh PLC
15th Jan 202511:49 amRNSForm 8.3 - Eckoh plc
15th Jan 202510:30 amRNSForm 8.3 - Eckoh plc
15th Jan 20258:11 amRNSHolding(s) in Company
14th Jan 20253:25 pmRNSForm 8.3 - Eckoh plc
14th Jan 20253:08 pmRNSForm 8.3 - ECKOH PLC
14th Jan 20252:55 pmPRNForm 8.3 - Eckoh PLC
14th Jan 20251:14 pmGNWForm 8.3 - [ECKOH PLC - 13 01 2025] - (CGWL)
14th Jan 202512:00 pmRNSForm 8.5 (EPT/RI) - Eckoh Plc
14th Jan 202511:00 amRNSForm 8.3 - Eckoh plc
14th Jan 202510:58 amRNSForm 8.3 - Eckoh plc
13th Jan 20256:00 pmRNSEckoh
13th Jan 202512:00 pmRNSForm 8.5 (EPT/RI) - Eckoh Plc
10th Jan 20252:32 pmRNSUpdate on Financing
10th Jan 202512:50 pmRNSForm 8.3 - Eckoh plc
10th Jan 202512:00 pmRNSForm 8.5 (EPT/RI) - Eckoh Plc
10th Jan 202511:30 amRNSForm 8.3 - Eckoh plc
10th Jan 20257:00 amRNSHolding(s) in Company
9th Jan 20255:14 pmRNSForm 8.3 - ECKOH PLC
9th Jan 20253:25 pmRNSForm 8.3 - Eckoh plc
9th Jan 20253:03 pmRNSForm 8.3 - ECKOH PLC
9th Jan 20252:13 pmPRNForm 8.3 - Eckoh Plc
9th Jan 202512:23 pmRNSForm 8.3 - Eckoh plc
9th Jan 202512:11 pmRNSForm 8.3 - Eckoh plc
9th Jan 202512:00 pmRNSForm 8.5 (EPT/RI) - Eckoh Plc
9th Jan 202511:42 amRNSForm 8.3 - Eckoh Plc
9th Jan 202510:49 amRNSForm 8.5 (EPT/RI)
8th Jan 20253:25 pmRNSForm 8.3 - Eckoh plc
8th Jan 20253:00 pmRNSForm 8.3 - ECKOH PLC
8th Jan 20252:30 pmRNSForm 8.3 - ECKOH PLC
8th Jan 202512:24 pmRNSForm 8.3 - Eckoh plc
8th Jan 202512:00 pmRNSForm 8.5 (EPT/RI) - Eckoh Plc
8th Jan 20259:59 amPRNForm 8.3 - Eckoh Plc
8th Jan 20259:47 amRNSForm 8.3 - Eckoh plc

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.