Business
Completion of Debt Facility
Completion of Debt Facility.
About this update from Nativo Resources Plc
[{"type":"text","content":"\n \nRNS Number : 1712G Echo Energy PLC 25 May 2017 \n\nEcho Energy plc\n(\"Echo Energy\" or the \"Company\")\nCompletion of Debt Facility \n\nEcho Energy, the South American focused upstream oil & gas company is pleased to confirm the issue of 40,303,325* warrants to Greenberry plc. This follows approval at the General Meeting on 22 May 2017 and completes the arrangements associated with the £1m secured loan, announced on 6 March 2017.\n*post consolidation of the share capital\n \nFor further information please contact:\n \n\n\n\n\nIndependent Resources / Echo Energy \nJames Parsons, Chairman\nGreg Coleman, Chief Executive Officer \n\n\n \n\[email protected]\[email protected]\n\n\n\n\nZAI Corporate Finance Limited - Nominated Adviser +44 (0) 20 7060 2220\nJohn Treacy \nBrandon Hill Capital Limited - Broker +44 (0) 20 3463 5000\nJonathan Evans / Oliver Stansfield\n \nThe information communicated in this announcement is inside information for the purposes of Article 7 of Market Abuse Regulation 596/2014 (\"MAR\").\n\n\n \n \nANNEX\n \nTemplate for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them\n \n \n\n\n\n\n1 \n \n\n\nDetails of the person discharging managerial responsibilities / person closely associated \n \n\n\n\n\na) \n \n\n\nName \n \n \n\n\n \n Greenberry plc\n\n\n\n\n2 \n \n\n\nReason for the notification \n \n\n\n\n\na) \n \n\n\nPosition/status \n \n \n\n\nNotification concerns a PCA, being a legal person the managerial responsibilities of which are discharged by Marco Fumagalli, a PDMR of Independent Resources plc\n \n\n\n\n\nb) \n \n\n\nInitial notification /Amendment \n \n \n\n\nInitial Notification\n\n\n\n\n3 \n \n\n\nDet...