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Pin to quick picksSound Energy Share News (SOU)

Share Price Information for Sound Energy (SOU)

London Stock Exchange
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Share Price: 1.65
Bid: 1.60
Ask: 1.70
Change: -0.025 (-1.49%)
Spread: 0.10 (6.25%)
Open: 1.675
High: 1.675
Low: 1.65
Yest. Close: 1.675
SOU Live PriceLast checked at -

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IN BRIEF: Sound Energy Debt Restructuring Rejected By Noteholders

Thu, 10th Dec 2020 14:12

Sound Energy PLC - Moroccan-focused upstream gas company - Proposal to restructure EUR28.8 million in 5.0% senior secured notes fails to secure the 75% of votes required at noteholder meeting on Thursday. Sound Energy says the previously adjourned meeting met the required quorum of 25% this time, and the proposal reached a simple majority; however it needed three-quarters of the votes cast at the meeting to be approved. Sound Energy had hoped to reduce the interest rate of the notes to 2% and extend their maturity date by four years to June 21, 2025. Says it will continue to consult with noteholders.

Current stock price: 1.26 pence, down 10% Thursday

Year-to-date change: down 39%

By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

Sound Energy to acquire Schlumberger interests in Morocco

(Sharecast News) - Morocco-focussed upstream oil and gas company Sound Energy has entered into a sale and purchase agreement with Schlumberger to acquire the entire issued share capital of Schlumberger Silk Route Services (SSRS), it announced on Monday.

14 Jun 21 15:01

AIM WINNERS & LOSERS: Tavistock up on GBP40 million wealth unit sale

AIM WINNERS & LOSERS: Tavistock up on GBP40 million wealth unit sale

14 Jun 21 11:18

Sound Energy boosts Morocco interest with Schlumberger deal

Sound Energy boosts Morocco interest with Schlumberger deal

14 Jun 21 10:41

Sound Energy shares tumble on Moroccan tax reassessment

Sound Energy shares tumble on Moroccan tax reassessment

1 Jun 21 14:02

AIM WINNERS & LOSERS: Sound Energy falls on Morocco tax notification

AIM WINNERS & LOSERS: Sound Energy falls on Morocco tax notification

1 Jun 21 11:30

TRADING UPDATES: Amigo wants suspension lift; Young's sinks to loss

TRADING UPDATES: Amigo wants suspension lift; Young's sinks to loss

20 May 21 20:23

IN BRIEF: Sound Energy rises after bondholders approve restructuring

IN BRIEF: Sound Energy rises after bondholders approve restructuring

14 Apr 21 12:07

Sound Energy proposes restructure of EUR28 million 2021 notes

Sound Energy proposes restructure of EUR28 million 2021 notes

30 Mar 21 14:49

CORRECT: Sound Energy says hasn't signed Morocco deal, reversing rally

CORRECT: Sound Energy says hasn't signed Morocco deal, reversing rally

26 Mar 21 12:48

Sound Energy says it hasn't signed Morocco contract, reversing rally

Sound Energy says it hasn't signed Morocco contract, reversing rally

26 Mar 21 12:26

Sound Energy refutes reports on Morocco LNG deal

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy responded to media reports in the north African country on Friday, confirming that it had not signed an agreement on a proposed liquefied natural gas project.

26 Mar 21 11:10

Sound Energy nets EUR 0.18m from sale of first land stage at Badile

(Sharecast News) - Morocco-focussed upstream gas company Sound Energy announced on Monday that it has received the first sale proceeds from the sale of the Badile land, totalling €0.18m (£0.15m) net of fees.

8 Mar 21 14:05

Sound Energy gets first payment from sale of Badile Land

Sound Energy gets first payment from sale of Badile Land

8 Mar 21 10:35

Sound Energy Moves Shares To New Trading Platform In London

Sound Energy Moves Shares To New Trading Platform In London

15 Feb 21 08:46

UK WINNERS & LOSERS SUMMARY: Cairn Jumps On USD1.2 Billion Dispute Win

UK WINNERS & LOSERS SUMMARY: Cairn Jumps On USD1.2 Billion Dispute Win

23 Dec 20 10:35

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