(Ecopetrol S.A., 8.Feb.2017) – Ecopetrol S.A. announced on February 8, 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.
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.
***