RNS22 Feb 2023 10:52
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 the period:
20,236,628
Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):
0
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
Patrick d'Ancona
Finlay Thomson
Tel: +44 (0)20 7390 0230
Sound Energy
Graham Lyon, Executive Chairman
chairman@soundenergyplc.com
Cenkos Securities - Nominated Adviser
Ben Jeynes
Peter Lynch
Tel: +44 (0)20 7397 8900
SP Angel Corporate Finance LLP
Richard Hail
Tel: +44 (0)20 3470 0470
Gneiss Energy Limited - Financial Adviser
Jon Fitzpatrick / Paul Weidman
Tel: +44 (0)20 3983 9263
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