BOGOTA, Colombia, July 7, 2017 /CNW/ -- In accordance with
paragraph 10 of point b) of article 5.2.4.1.5. Of Decree 2555 of
2010, Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) Informs that Dr.
Joaquín Moreno Uribe, member of the
Board of Directors of Ecopetrol S.A., sold on June 30, 2017,127,988 shares of Ecopetrol S.A. of
his property.
The authorization for this sale was granted by the Board of
Directors of Ecopetrol S.A. in the meeting of June 23, 2017, with the favorable vote of all the
members of the board, excluding the seller. This sale was made for
reasons other than speculation.
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 Capital Markets (A)
Lina
María Contreras Mora
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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visit:http://www.prnewswire.com/news-releases/authorization-to-an-administrator-to-sell-shares-of-ecopetrol-300484553.html
SOURCE Ecopetrol S.A.