ECO Eco (atlantic) Oil & Gas Ltd

 
TIDMECO 
 
EcoSecurities Group plc 
1 September 2009 
 
              EcoSecurities Group plc ("EcoSecurities") 
 
      EcoSecurities Response to increased and final cash offer 
 
The Board of EcoSecurities notes the announcement today by  Guanabara 
Holdings B.V. ("Guanabara") of a  final cash offer for  EcoSecurities 
of 90 pence per EcoSecurities Share (the "Revised Offer"). 
 
The Board of EcoSecurities  is considering the  terms of the  Revised 
Offer and awaits  the publication  of the revised  offer document  by 
Guanabara. The Board will make a further announcement in due course. 
 
In the meantime,  the Board of  EcoSecurities continues to  recommend 
that EcoSecurities' Shareholders  take no action  in response to  the 
Revised Offer and, in particular, that EcoSecurities' Shareholders do 
not complete the form of acceptance sent to them by Guanabara. 
 
                              - Ends - 
 
ENQUIRIES: 
 
 
EcoSecurities          +353 1 6139814 
James Thompson 
Rachel Mountain 
 
RBS Hoare Govett       +44 (0) 20 7678 8000 
Justin Jones 
Hugo Fisher 
 
Citigate Dewe Rogerson +44 (0) 20 7638 9571 
Kevin Smith 
 
 
 
 
The directors of EcoSecurities accept responsibility for the 
information contained in this announcement. To the best of the 
knowledge and belief of the directors of EcoSecurities (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 Takeover Rules, if any person 
(other than a "recognised intermediary") is or becomes "interested" 
(directly or indirectly) in 1 per cent. or more of any class of 
"relevant securities" of EcoSecurities, all "dealings" in any 
"relevant securities" of EcoSecurities (including by means of an 
option in respect of, or a derivative referenced to, any such class 
of "relevant securities") must be publicly disclosed in accordance 
with Rule 2.9 of the Takeover Rules, including the details set out in 
Rule 8.6 of the Takeover Rules, by no later than 3.30pm (London time) 
on the London 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 
an "interest" in "relevant securities" of EcoSecurities, 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 Takeover Rules, all 
"dealings" in "relevant securities" of EcoSecurities by the offeror 
or EcoSecurities, or by any of their respective "associates", must be 
disclosed by no later than 12.00 noon (London) on the London 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, 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 Takeover Rules 8.1 or 8.3. 
 
'Interests in securities' arise, in summary, when a person has long 
economic exposure, whether conditional or absolute, to changes in the 
price of securities. In particular, a person will be treated 
as having an 'interest' by virtue of the ownership or control of 
securities, or by virtue of any option in respect of, or derivative 
referenced to, securities. 
 
Terms in quotation marks are defined in the Takeover 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. 
 
In addition to copies of the documents listed as available for 
inspection in EcoSecurities' response circular to the offer of 77 
pence per ordinary share made by Guanabara Holdings B.V. (the 
"Offer") dated 4 August 2009, 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 Revised Offer remains open for acceptance. 
 
=--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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