BOGOTA, Colombia, Feb.
8, 2017 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL;
NYSE: EC) ("Ecopetrol" or the "Company") hereby announces that on
February 08, 2017, as established in
the Offering Notice of Second Stage, the Company published the
offering notice regarding the fourth auction for the second stage
of Ecopetrol's equity divestment plan for its shares in Empresa de
Energía de Bogota S.A. E.S.P. (EEB) in a newspaper widely
circulated in Colombia.
The fourth auction is part of the second stage of the equity
divestment plan and the purpose is to offer publicly, in
Colombia and/or abroad, the shares
that were not acquired during the first, second and third
auctions.
The public offering will be conducted prior to the start of
common stock trading in the Colombian Stock Exchange on
February 15, 2017, in accordance with
the provisions set forth in the Divestment Regulation and the
applicable addenda.
The documentation concerning the offer (available only in
Spanish) can be found on the website of Ecopetrol
www.ecopetrol.com.co with the following link:
http://www.ecopetrol.com.co/wps/portal/es/ecopetrol-web/relacion-inversionistas/para-el-accionista/Enajenacion-Adjudicacion-acciones-EEB-segundaetapa
Ecopetrol's equity divestment plan, including the second stage,
was approved by the National Government of Colombia through Decree 2305 of November 13, 2014, with an extension to
December 31, 2017 through Decree 2110
of December 22, 2016.
This announcement is not an offer of securities for sale in
the United States. Securities may
not be offered or sold in the United
States absent registration under the U.S. Securities Act of
1933, or an exemption from registration. No public offering of
securities has been or will be made in the United States and, accordingly, the
securities will not be registered under the U.S. Securities Act of
1933. This announcement is being issued pursuant to Rule 135e of
the U.S. Securities Act of 1933.
This release contains statements that may be considered
forward looking statements within the meaning of Section 27A of the
U.S. Securities Act of 1933 and Section 21E of the U.S. Securities
Exchange Act of 1934. All forward-looking statements, whether made
in this release or in future filings or press releases or orally,
address matters that involve risks and uncertainties, including in
respect of the Company's prospects for growth and its ongoing
access to capital to fund the Company's business plan, among
others. Consequently, changes in the following factors, among
others, could cause actual results to differ materially from those
included in the forward-looking statements: market prices of oil
& gas, our exploration and production activities, market
conditions, applicable regulations, the exchange rate, the
Company's competitiveness and the performance of Colombia's economy and industry, to mention a
few. We do not intend, and do not assume any obligation to update
these forward-looking statements.
For further information, please contact:
Head of Corporate Finance and Investor Relations
María
Catalina Escobar
Phone: (+571) 234 5190
E-mail: investors@ecopetrol.com.co
Media Relations (Colombia)
Jorge Mauricio Tellez
Phone: + 571-234-4329
e-mail: mauricio.tellez@ecopetrol.com.co
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SOURCE Ecopetrol S.A.