REG - Sound Energy PLC - Block Admission Update

Sound EnergyAnnouncement

22/02/2023 11:00

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RNS Number : 7246Q  Sound Energy PLC  22 February 2023

22 February 2023

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Block Admission Update

 

Sound Energy, (AIM: SOU) the AIM listed transition energy company, provides an
update in relation to the Company's block admission arrangements (the "Block
Admissions") in respect of new ordinary shares of 1 pence in the Company
("Ordinary Shares") which may be issued as a result of exercises of existing
options.

Block Admission Interim Review

 

Pursuant to Rule 29 of, and Schedule Six to, the AIM Rules for Companies, the
Company provides the following notification regarding its Block Admission.

 

 Name of the company:                                                            Sound Energy plc

 Name of scheme:                                                                 Nil cost options awarded to employees of the Company to subscribe for new
                                                                                 Ordinary Shares in the Company in respect of 2020 and 2021 annual bonuses (the
                                                                                 "Options"). The issue of the Options was announced by the Company on 3 May
                                                                                 2022.

 Period of return:                                                               From:             13 May 2022                         To:               21 February 2023
 Number of unallotted securities not issued under the scheme(s) at the start of                                      20,236,628
 the period:

 Plus:  The amount by which the block scheme(s) has been increased since the                                         0
 date of the last return (if any increase has been applied for):

 Less:  Number of securities issued/allotted under scheme(s) during period:                                          3,424,044

 Equals:  Balance under scheme(s) not yet issued/allotted at end of period:

                                                                                                                     16,812,584
 Number and class of securities originally admitted and the date of admission:                                       20,236,628 - 12 May 2022
 Name of contact:                                                                AMBA Secretaries Limited, Company Secretary
 Telephone number of contact:                                                    +44 (0)20 7190 9930

 

 For further information visit www.soundenergy,com, follow on twitter
@soundenergyplc or contact:

 

 Vigo Consulting - PR Adviser               Tel: +44 (0)20 7390 0230

 Patrick d'Ancona

 Finlay Thomson

 Sound Energy                                          chairman@soundenergyplc.com

                                          (mailto:chairman@soundenergyplc.com)
 Graham Lyon, Executive Chairman

 Cenkos Securities - Nominated Adviser      Tel: +44 (0)20 7397 8900

 Ben Jeynes

 Peter Lynch

 SP Angel Corporate Finance LLP                                  Tel: +44 (0)20 3470 0470

 Richard Hail

 Gneiss Energy Limited - Financial Adviser

 Jon Fitzpatrick / Paul Weidman                                     Tel: +44 (0)20 3983 9263

 

 

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