15 Feb 2019 12:07
15 February 2019
Echo Energy plc
("Echo Energy" or the "Company")
Director/PDMR Shareholding
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.
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.
The notification below, made in accordance with the EU Market Abuse Regulation, provides further details in relation to the purchase of Ordinary Shares.
For further information please contact:
Echo Energy Martin Hull, Managing Director |
m.hull@echoenergyplc.com |
Cenkos Securities (Nominated Adviser) David Jones 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 |
Vigo Communications (PR Adviser) Patrick d'Ancona Chris McMahon
| +44 (0)20 7390 0230 |
NOTIFICATIONS AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Martin Hull | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR (Director) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Echo Energy plc | |||
b)
| LEI
| 2138006SNII7SKIGG445 | |||
4
| 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
| ||||
a)
| Description of the financial instrument, type of instrument | Ordinary shares of 0.25p each | |||
|
| ||||
Identification code | GB00BF0YPG76 | ||||
|
| ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 4.200p | 500,000 |
| |
|
| 4.239p | 100,000 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 600,000 | ||||
|
| ||||
- Price | 4.207p | ||||
|
| ||||
e)
| Date of the transaction
| 15 February 2019 | |||
f)
| Place of the transaction
| AIMX | |||
Echo Energy (ECHO)