Last checked at 2 Oct 2020 17:13
2 October 2020
Sound Energy plc
("Sound Energy" or the "Company")
Block Admission Interim Review
Sound Energy, the Moroccan focused upstream company, makes the following notification regarding its existing block admission arrangements:
Name of the company: | Sound Energy plc | ||||
Name of scheme: | 1. Block admission to satisfy the issue of Ordinary Shares from time to time pursuant to the exercise of warrants issued by the Company in 2015 to subscribe for new Ordinary Shares at a price of 24.0p per new Ordinary Share ("2015 Warrants"). 2. Block admission to satisfy the issue of Ordinary Shares from time to time pursuant to the exercise of warrants issued by the Company in 2016 to subscribe for new Ordinary Shares at a price of 30.0p per new Ordinary Share ("2016 Warrants"). 3. Block admission to satisfy the issue of Ordinary Shares from time to time pursuant to the exercise of share options issued by the Company to certain of the Company's employees to subscribe for new Ordinary Shares ("Share Options").
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Period of return: | From: | 1 April 2020 | To: | 30 September 2020 | |
Number of unallotted securities not issued under the scheme(s) at the start of the period: | 1: 2: 3. Total | 17,078,323 37,741,110 304,999 55,124,432 | |||
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): | 1: 2: 3: Total | 0 0 0 0 | |||
Less: Number of securities issued/allotted under scheme(s) during period: | 1: 2: 3: Total | 8,477 0 0 8,477 | |||
Equals: Balance under scheme(s) not yet issued/allotted at end of period: | 1: 2: 3: Total | 17,069,846 37,741,110 304,999 55,115,955 | |||
Number and class of securities originally admitted and the date of admission: |
1:
2:
3:
Total |
28,025,915 Ordinary Shares - 21 August 2015 12,189,119 Ordinary Shares - 22 September 2016 38,531,590 Ordinary shares - 22 December 2016
25,000,000 Ordinary Shares - 22 September 2016 30,642,337 Ordinary Shares - 22 December 2016
7,079,999 Ordinary Shares - 22 December 2016
141,468,960 Ordinary Shares
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Name of contact: | Amanda Bateman, AMBA Secretaries Limited, Company Secretary | ||||
Telephone number of contact: | +44 (0)1732 606030 | ||||
For further information please contact:
Vigo Communications - PR Adviser Patrick d'Ancona Chris McMahon
| Tel: +44 (0)20 7390 0230 |
Sound Energy Graham Lyon, Executive Chairman
| questions@soundenergyplc.com
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Cenkos Securities - Nominated Adviser Ben Jeynes Russell Cook
| Tel: +44 (0)20 7397 8900 |
Turner Pope Investments (TPI) - Broker Andy Thacker
| Tel: +44 (0)20 3657 0050 |
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