18:00 Mon 30 Oct 2017
Echo Energy PLC - Statement re Share Price Movement and Suspension
("Echo" or the "Company")
Statement re
Suspension of Trading on AIM
By virtue of its size, the Proposed Transaction would constitute a reverse takeover under Rule 14 of the AIM Rules for Companies. Accordingly, the Company's ordinary shares will be suspended from trading on AIM with effect from 07:30 today, pending publication of an AIM admission document and circular to shareholders to approve the Proposed Transaction or an announcement that the Proposed Transaction has been terminated.
Further announcements will be made, as appropriate, in due course.
For further information please contact:
|
|
Smith & Williamson (Nominated Adviser) Azhic Basirov
|
+44 (0)20 7131 4000
|
|
+44 (0)20 7907 8500
|
Patrick d'Ancona
|
+44 (0)20 7830 9700 |
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
This information is provided by RNS
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...
FOR OUR FULL DISCLAIMER CLICK HERE