REG - Sound Energy PLC - Block Admission Update

Sound EnergyAnnouncement

19/02/2024 17:15

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RNS Number : 6677D  Sound Energy PLC  19 February 2024

19 February 2024

 

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 Admissions.

 

 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:             18 August 2023                      To:               19 February 2024
 Number of unallotted securities not issued under the scheme(s) at the start of                                      13,796,794
 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:                                          0

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

                                                                                                                     13,796,794
 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

 

 Flagstaff Strategic and Investor Communications  sound@flagstaffcomms.com (mailto:sound@flagstaffcomms.com)

 Tim Thompson                                     Tel: +44 (0)20 129 1474

 Mark Edwards

 Alison Allfrey

 Sound Energy                                     chairman@soundenergyplc.com (mailto:chairman@soundenergyplc.com)

 Graham Lyon, Executive Chairman

 Cavendish Capital Markets - Nominated Adviser    Tel: +44 (0)20 7397 8900

 Ben Jeynes

 Peter Lynch

 SP Angel Corporate Finance LLP - Broker          Tel: +44 (0)7789 865 095

 Richard Hail

 Gneiss Energy Limited - Financial Adviser        Tel: +44 (0)20 3983 9263

 Jon Fitzpatrick

 Paul Weidman

 Doug Rycroft

 

 

 

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