ECO Eco (atlantic) Oil & Gas Ltd

 
TIDMECO 
 
EcoSecurities Group plc 
 
             Re: Announcement by Guanabara Holdings B.V. 
 
The Board  of EcoSecurities  Group  plc ("EcoSecurities")  notes  the 
announcement made this  morning by Guanabara  Holdings B.V. that  the 
offer document detailing its cash offer for the entire issued and  to 
be issued share capital of EcoSecurities  at a price of 77 pence  per 
share (the  "Offer") was  posted to  shareholders of  the company  on 
Wednesday 22 July 2009. 
 
The Board, which has already rejected the Offer on the basis that  it 
is wholly inadequate, will  respond in detail  when the Board  issues 
its formal response setting out the  views of the Board on the  Offer 
on or before 5 August 2009. 
 
In the  meantime, EcoSecurities  shareholders are  strongly urged  to 
take no action in relation to the Offer. 
 
 
                              - Ends - 
 
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. 
 

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