ECO Eco (atlantic) Oil & Gas Ltd

RNS Number:6332V
AIM
14 December 2005



ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE 
WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:

COMPANY NAME:

ECOSECURITIES GROUP PLC ("EcoSecurities")


COMPANY ADDRESS:

REGUS HOUSE

HARCOURT ROAD

DUBLIN 2

IRELAND


COMPANY POSTCODE:

DUBLIN 2


COUNTRY OF INCORPORATION:

REPUBLIC OF IRELAND


COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:

EcoSecurities is one of the world's leading originators of projects which have the potential to generate carbon
credits.  EcoSecurities operates from an international network of offices identifying potential projects,
structuring them to qualify under the terms of the Kyoto Protocol, and then selling carbon credits generated to
market participants, including, amongst others, emitters, carbon funds and governments.  The Group's current
project portfolio consists of 121 projects and benefits from wide diversification with locations in 26 countries
and utilising 15 technologies.


DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which
it seeks admission and the number and type to be held as treasury shares):

Ordinary Shares of 0.0025 euros each.  91,626,676 ordinary shares to be admitted at a price of 150p


CAPITAL TO BE RAISED ON ADMISSION:

c.Euro80 million


FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:

Mark Patrick Nicholls (Non-executive Chairman)

Bruce Michael Usher (Chief Executive Officer)

Pedro Henrique Moura Costa (President and Chief Operating Officer)

Gerald Jack MacDonald (Chief Financial Officer)

Jesse Michael Fink (Non-executive Director)

Brent Christopher Bechtle (Non-executive Director)

Thomas Patrick Byrne (Non-executive Director)


PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:

Name of institution                  % of ISC                           % of ISC
/individual                          before admission            after admission


MSM Capital Partners                   25.5%                               15.5%

Polar Sky Corporation*                 24.0%                               14.6%

Marc Stuart                            22.1%                               13.4%

Cargill                                11.1%                                6.7%

Bruce Usher                             8.4%                                5.1%


*Polar Sky Corporation is controlled by Pedro Moura Costa (C.O.O. and President of the Company)

NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

N/A


ANTICIPATED ACCOUNTING REFERENCE DATE:

31 December 2005


EXPECTED ADMISSION DATE:

Monday 19 December 2005 (conditional dealings to commence on Wednesday 14 December 2005)


NAME AND ADDRESS OF NOMINATED ADVISER:

Hoare Govett Limited

250 Bishopsgate

London

EC2M 4AA


NAME AND ADDRESS OF BROKER:

Hoare Govett Limited

250 Bishopsgate

London

EC2M 4AA


DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT
THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

Baker & McKenzie

100 New Bridge Street

London

EC4V 6JA


DATE OF NOTIFICATION:

14 December 2005

NEW/ UPDATE (see note):

UPDATE


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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