Echo Energy #ECHO – Exercise of Warrants and Total Voting Rights

Echo Energy, the Latin American focused upstream oil and gas company, announces that it has received notice for the exercise of 74,200,000 warrants to subscribe for new ordinary shares in the Company at an exercise price of 0.3 pence per new ordinary share. As a result, an application has been made for 74,200,000 new ordinary […]

Echo Energy #ECHO – Successful Completion of Debt Restructuring & TVR

Echo Energy, the Latin American focused upstream oil and gas company, is delighted to announce that at the adjourned meeting of the holders of the Company’s Luxembourg listed EUR 20.0m 8.0% secured notes (the “Notes”) held earlier today (the “Noteholder Meeting”) to consider the Company’s proposals for the restructuring of the Notes (the “Proposals”), the […]

Echo Energy #ECHO – Noteholder Meeting Results – 84% vote in favour

Echo Energy, the Latin American focused upstream oil and gas company, announces the results of the meeting of the holders of the Company’s Luxembourg listed EUR 20.0m 8.0% secured notes (the “Notes”) held earlier today (the “Noteholder Meeting”) to consider the Company’s proposals for the restructuring of the Notes (the “Proposals”). Voting instructions representing EUR […]

Echo Energy #ECHO – Publication of Bond Restructuring Proposals

Echo Energy, the Latin American focused upstream oil and gas company, is pleased to announce, further to the Company’s announcement of 1 December 2020, that following positive and constructive discussions with certain  holders of the  Company’s  Luxembourg listed EUR 20.0m 8.0% secured notes (the “Notes”)  it has published its proposals (the “Proposals”) in respect of […]