ECO Eco (atlantic) Oil & Gas Ltd

 
TIDMECO 
 
EcoSecurities Group 
plc 
12 August 2009 
 
              EcoSecurities Group plc ("EcoSecurities") 
 
                   Response to Guanabara Statement 
 
The Board of EcoSecurities notes the announcement today by  Guanabara 
Holdings B.V. ("Guanabara") regarding EcoSecurities' interim  results 
for the six  months ended  30 June 2009  and EcoSecurities'  circular 
sent to shareholders of EcoSecurities on 4 August 2009 rejecting  the 
offer by Guanabara (the "Circular"). 
 
As set out  in the Circular,  the Board considers  that the offer  by 
Guanabara is  opportunistic  and  wholly  inadequate  and  the  Board 
recommends  that  EcoSecurities  shareholders  reject  the  offer  by 
Guanabara. 
 
 
ENQUIRIES: 
 
 
RBS Hoare Govett       +44 (0) 20 7678 8000 
 
Justin Jones 
 
Hugo Fisher 
 
 
Citigate Dewe Rogerson +44 (0) 20 7638 9571 
 
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. 
 
In addition to copies of the documents listed as available for 
inspection in the Circular, a copy of this announcement will be 
available for inspection at the offices of Matheson Ormsby Prentice, 
70 Sir John Rogerson's Quay, Dublin 2 during normal business hours on 
any weekday (Saturday, Sunday and public holidays excepted) whilst 
the offer by Guanabara remains open for acceptance. 
 
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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