ECG Econergy Intl

RNS Number:8220S
Econergy International Plc
22 April 2008


ECONERGY INTERNATIONAL PLC

Econergy International PLC (the "Company") today announces that Wayne Keast has
resigned as non-executive director, with effect from 21 April 2008.

Mr Keast's resignation arises as a result of the position he holds with
Consensus Business Group ("Consensus"), adviser to the Tchenguiz Family Trust
(the "Trust"). Consensus recently announced that the Trust is reviewing its
options with regard to its interest in the Company, which include a potential
offer for the ordinary share capital of the Company. Therefore it has been
mutually agreed between the Company and Mr Keast that he will step down during
the current process. Mr Keast is the Chief Executive of Consensus Environment,
the CleanTech and Environmental private equity and strategic investment arm of
Consensus Business Group.

The Board would like to thank Mr Keast for his considerable commitment to the
Company.

Enquiries

Piper Jaffray Ltd.                                       020 3142 8700

Michael Covington / Nigel Daly (Investment Banking)

Amer Khan / Jamie Adams (Corporate Broking)



Pelham Public Relations                                  020 7743 6679

Chelsea Hayes

Archie Berens


Responsibility


The directors of the Company accept responsibility for all of the information
contained in this announcement.  To the best of their knowledge and belief
(having taken all reasonable care to ensure that such is the case), the
information contained in this announcement is accurate and does not omit
anything likely to affect the import of such information.


Piper Jaffray Ltd., which is authorised and regulated by the Financial Services
Authority in the UK, is acting for the Company and no one else in connection
with matters referred to in this announcement and will not be responsible to any
person other than the Company for providing the protections afforded to the
clients of Piper Jaffray Ltd. nor for providing advice in relation to the
matters referred to in this announcement.


Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
"Code"), if any person is, or becomes, "interested" (directly or indirectly) in
1% or more of any class of "relevant securities" of the Company, all "dealings"
in any "relevant securities" of the Company (including by means of an option in
respect of, or a derivative referenced to, any such "relevant securities") must
be publicly disclosed by no later than 3.30pm (London time) on the London
business day following the date of the relevant transaction.  This requirement
will continue until the date on which the offer becomes, or is declared,
unconditional as to acceptances, lapses or is otherwise withdrawn or on which
the "offer period" otherwise ends. If two or more persons act together pursuant
to an agreement or understanding, whether formal or informal, to acquire an
"interest" in "relevant securities" of the Company, they will be deemed to be a
single person for the purpose of Rule 8.3. Under the provisions of Rule 8.1 of
the Code, all "dealings" in "relevant securities" of the Company by the Company
or by any of its respective " associates", must be disclosed by no later than
12.00 noon (London time) on the London business day following the date of the
relevant transaction.  A disclosure table, giving details of the companies in
whose 'relevant securities' 'dealings' should be disclosed, and the number of
such securities in issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk. "Interests in securities" arise, in summary, when a
person has long economic exposure, whether conditional or absolute, to changes
in price or securities. In particular, a person will be treated as having an
"interest" by virtue of the ownership or control of securities, or by virtue of
any option in respect of, or derivative referenced to, securities. Terms in
quotation marks are defined in the Code, which can be found on the Panel's
website. If you are in any doubt as to whether or not you are required to
disclose a "dealing" under Rule 8, you should consult the Panel.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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