ECO Eco (atlantic) Oil & Gas Ltd

 
TIDMECO 
 
EcoSecurities Group plc 
 
16 July 2009 
 
              EcoSecurities Group plc ("EcoSecurities") 
 
Intended offer from Guanabara, withdrawal of possible offer from EDF 
                  and portfolio purchase agreement 
 
The Board of  EcoSecurities notes EDF  Trading Limited's  conditional 
portfolio   purchase   agreement   with   Guanabara   Holdings   B.V. 
("Guanabara") and that it no longer intends to progress the  possible 
offer for EcoSecurities that it announced on 8 June 2009. 
 
The Board also notes  Guanabara's intention to make  a cash offer  of 
77 pence per share announced this afternoon which it considers to  be 
wholly inadequate  and  strongly  advises  shareholders  to  take  no 
action. 
 
The Board also  notes that neither  it nor its  advisers has had  any 
contact with Guanabara or its advisers. 
ENQUIRIES: 
RBS Hoare Govett 
                                              +44 (0) 20 7678 8000 
Justin Jones 
Hugo Fisher 
 
Citigate Dewe Rogerson 
+44 (0) 20 7638 9571 
Kevin Smith 
Ged Brumby 
 
The Directors of the Company accept responsibility for the 
information contained in this announcement. To the best knowledge and 
belief of the directors of the Company (who have taken all reasonable 
care to ensure that such is the case), the information contained in 
this announcement is in accordance with the facts and does not omit 
anything likely to affect the import of such information. 
 
RBS Hoare Govett Limited, which is authorised and regulated in the 
United Kingdom by the Financial Services Authority, is acting 
exclusively for EcoSecurities and no one else in connection with this 
matter and will not be responsible to anyone other than EcoSecurities 
for providing the protections afforded to clients of RBS Hoare Govett 
Limited nor for providing advice in relation to this matter, the 
content of this announcement or any matter referred to herein. 
 
Under the provisions of Rule 8.3 of the Irish Takeover Panel Act 
1997, Takeover Rules, 2007 (the "Rules"), if any person (other than a 
"recognised market-maker") owns or controls 1% or more of any class 
of "relevant securities" of the Company (excluding for this purpose 
options or derivatives), all dealings in any "relevant securities" of 
the Company (including by means of an option in respect of, or a 
derivative referenced to, any such class of "relevant securities") 
must be publicly disclosed by written notice to the AIM market of the 
London Stock Exchange and the Irish Takeover Panel, including the 
details set out in Rule 8.6 of the Rules, by no later than 12.00 noon 
(London / Dublin time) on the London / Dublin business day following 
the date of the relevant transaction. This requirement will continue 
until the date on which the offer becomes, or is declared, 
unconditional as to acceptances, lapses or is otherwise withdrawn or 
on which the "offer period" otherwise ends. If two or more persons 
"act in concert", to acquire or control "relevant securities" of the 
Company, they will be deemed to be a single person for the purpose of 
Rule 8.3. 
 
Under the provisions of Rule 8.1 of the Rules, all dealings in 
"relevant securities" of the Company by the offeror or the Company, 
or by any of their respective "associates", must be disclosed by no 
later than 12.00 noon (London / Dublin time) on the London / Dublin 
business day following the date of the relevant transaction. 
 
A disclosure table, giving details of the companies in whose 
"relevant securities" "dealings" should be disclosed, and the number 
of such securities in issue, can be found on the Irish Takeover 
Panel's website at www.irishtakeoverpanel.ie. The Irish Takeover 
Panel also provides an appropriate form for any disclosures under 
Rules 8.1 or 8.3. 
 
Terms in quotation marks are defined in the Rules, which can also be 
found on the Irish Takeover Panel's website. If you are in any doubt 
as to whether or not you are required to make a disclosure under Rule 
8, you should consult the Irish Takeover Panel. 
END 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 

Grafico Azioni Eco (atlantic) Oil & Gas (LSE:ECO)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Eco (atlantic) Oil & Gas (LSE:ECO)
Storico
Da Lug 2023 a Lug 2024