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Fri, 5th May 2023 07:00
RNS Number : 4934Y
Sound Energy PLC
05 May 2023
5 May 2023
Sound Energy plc
("Sound Energy" or the "Company")
Move to SETS Trading Platform
Sound Energy, the transition energy company, announces that it will transition trading of the Company's shares on AIM from the London Stock Exchange's SETSqx (Stock Exchange Electronic Trading Service: Quotes and Crosses) trading platform to its SETS (Stock Exchange Trading System) platform, effective 9 May 2023.
The move is intended to provide investors with access to the entire SETS system, providing liquidity via traditional order book trades, as well as from two-way quotes from market makers.
Long*
5p anyone?? We are also waiting upon the bank deal being signed which could happen any day now without warning. It is all falling into place at lo g last ;>)
We are pleased to have settled our outstanding tax matters such that we can optimise our resources on field development.
Post period end, the Company has entered into a full and final settlement of its tax disputes with the Moroccan tax authorities, subject to the Court agreeing that all cases be withdrawn
PoEun. Haha iv heard that a few times, but Graham does work on bank holidays. I recall one easter he was in Morocco sorting things out, I think Mondays unlikely but who knows. I wouldn't think it will be too much longer.
Good to see them back at 1.8, looks like they've Bottomed out now.
On the plus side the deal has not been put back this time, further announcements will be made as appropriate in due course. Could still be signed off any day soon, just not tomorrow. Time will tell.
Really? A deal as big as this and they haven't met up yet, do you believe it? I'm sure they have.
Signed
This should have been assigned off after all the previous delays, Sounds to me like the bank are wobbling on the deal. I hope they don't back out.
Tincan. If this deal gets signed off I think people will struggle to buy them at 3p pretty quick.
Some nice buys going in today, RNS tomorrow maybe ?
Looking good by the first trade prices, 1.98 to buy after a larger sell at 1.84. The brokers could already know what's coming.
https://twitter.com/soundenergyplc/status/1649338933711454208?t=1NjfZCG2TpOoD3pkX6jeug&s=19
So from now the RNS could land at any time, I hope people are ready because if its signed off that's the end of these low prices.
Soobirs, You could be right of course but the deadline on this very important matter was put back six months multiple times, however this time it was only put back six weeks, suggesting signing off is imminent. I would imagine if it was going to fall through it would have done a long time ago, saving everyone involved many headaches and time. I'm hopeful this will be it at long last.
It's not a case of leaks, we have been told from the horses mouth that we are in very advanced talks with the bank and due diligence has been completed. The short extension is another clue, it could be signed off by the end of the week but probably early next week, unless it falls through of course.
Thanks ducati, it's all taking shape perfectly.
https://www.facebook.com/reel/1342872863221669?s=yWDuG2&fs=e