Exercise of Options
Eco (Atlantic) Oil & Gas Ltd. has announced the exercise of stock options for 500,000 common shares at US$0.22 per share, resulting in proceeds of US$110,000 for the company. Following the admission of 500,000 new common shares on or around April 30, 2026, the total issued share capital will be 348,309,027 common shares, each carrying one vote. This updated share count will serve as the denominator for shareholders determining their notification requirements under the FCA's Disclosure Guidance and Transparency Rules.
Select text to share a quote on X · sign in to keep highlights & notes in your ECO notes
Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX ‐ V: EOG), the oil and gas exploration company focused on the offshore Atlantic Margins, announces that it has received a notice of exercise in respect of stock options over 500,000 common shares of no-par value each in the Company ("Common Shares"). The options were exercisable at a price of US$0.22 (CAD$0.30) per share and the Company has received proceeds of US$110,000 (CAD$150,000) in respect of the exercise.
Total Voting Rights
Application has been made for admission to trading on the TSX Venture Exchange and AIM of a total of 500,000 new Common Shares of no-par value ("Admission"). Admission is expected on or about 30 April 2026. On Admission, the new Common Shares will rank pari passu with the Company's existing Common Shares. Following Admission, the Company's issued share capital will consist of 348,309,027 Common Shares, with each Common Share carrying the right to one vote. The Company does not hold any Common Shares in treasury.
The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
For more information, please visit www.ecooilandgas.com or contact the following.
| Eco Atlantic Oil and Gas | c/o Celicourt +44 (0) 20 7770 6424 |
| Strand Hanson (Financial & Nominated Adviser) | +44 (0) 20 7409 3494 |
| James Harris, James Bellman, Edward Foulkes | |
| Canaccord Genuity (Joint Broker) | +44 (0) 20 7523 8000 |
| Henry Fitzgerald-O'Connor, Charlie Hammond | |
| Berenberg (Joint Broker) | +44 (0) 20 3207 7800 |
| Matthew Armitt | |
| Celicourt (PR) | +44 (0) 20 7770 6424 |
Mark Antelme, Charles Denley-Myerson
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.