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Holding(s) in Company

RNS Announcement

RNS Number : 7370F

Echo Energy PLC

22 May 2017

For filings with the FCA include the annex For filings with the issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ		Echo Energy PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			ü
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	Brandon Hill Capital Limited
4. Full name of shareholder(s) (if different from 3.):^iv
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	16.05.17
6. Date on which issuer notified:	19.05.17
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	9,8

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

GB00B0RNX796

556,076,027

476,430,665

7.7%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Warrant

1.5p

1.2p

1.5p

1.0p

0.72p

0.12p

0.08p

28.05.17

28.05.18

28.05.17

18.11.17

18.11.18

09.12.18

1,161,500

726,800

3,888,500

4,000,000

2,433,200

8,333,333

13,666,666

3,000,000

14,550,000

6,000,000

333,245,000

47,912,250

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

915,347,914

13.9%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi


Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	Karl Hughes
15. Contact telephone number:	020 3463 5084

Note: Annex should only be submitted to the FCA not the issuer
Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	Brandon Hill Capital Limited
Contact address (registered office for legal entities)	1 Tudor Street London EC4Y 0AH
Phone number & email	[email protected] 020 3463 5084
Other useful information (at least legal representative for legal persons)

B: Identity of the notifier, if applicable
Full name	Karl Hughes
Contact address	1 Tudor Street London EC4Y 0AH
Phone number & email	[email protected] 020 3463 5084
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

For notes on how to complete form TR-1 please see the FCA website.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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RNS metadata

Title: Holding(s) in Company
Time: 08:00:11
Date: 22 May 2017
Category: Holding(s) in company
ID: 7370F