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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Post by Nikolaion May 13, 2009 10:20pm
317 Views
Post# 15991578

complaints to LSE

complaints to LSEFor anyone wishing to write the LSE to see if they're okay with someone walking off with approx. 25% indirect interest in one of their listed companies for severely less than fair value......and the market value and performance shares seem to be worth $25 million shortly thereafter. BTW - any perceived dilution by 305MM performance shares would not likely have negative impact the BRR share price because markets would view the BHP "go" decision as a net positive. So whether the performance shares are actually issued or taken out with cash would be neither here nor there, as value would be immediately recognized. Hence the $25 million estimate of what Ecometals just pawned.

Should LSE/AIM suspend BRR until this is investigated thoroughly? Is anyone writing?


https://www.londonstockexchange.com/en-gb/products/membershiptrading/rulesreg/makingcomplaint/howtocomplaintolse.htm
How to complain to the London Stock Exchange

If you have a complaint which you wish to address to the London Stock Exchange, you should put your complaint in writing, including copies of relevant documents and giving as much detail as possible on what has happened. Your complaint should be addressed to:

Regulatory Complaints
Trading Services
London Stock Exchange
10 Paternoster Square

London EC4M 7LS

We aim in general to provide a full response to your complaint within 15 working days of receiving it. However, if we anticipate that it may take longer to respond to your complaint, for example because we need to request information from another party, we may send you an acknowledgement/progress letter pending the eventual substantive response. If we are unable to help, we will provide you with an explanation.

As a result of your complaint, we may start disciplinary proceedings against a firm or quoted company. Obligations of confidentiality normally prevent us from publicising the existence, progress or outcome of regulatory matters including investigations by the Exchange or other regulatory bodies into potential rule breaches or criminal offences. Only if a decision is taken to impose a penalty and to publicise that penalty can the Exchange notify you.

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