Last checked at 18 Aug 2023 12:33
18 August 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 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: | 22 February 2023 | To: | 18 August 2023 | |
Number of unallotted securities not issued under the scheme(s) at the start of the period: |
| 16,812,584 | |||
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: |
| 3,015,790 | |||
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 Tim Thompson Mark Edwards Alison Allfrey
| sound@flagstaffcomms.com Tel: +44 (0)20 129 1474 |
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 - Broker Richard Hail
| Tel: +44 (0)7789 865 095 |
Gneiss Energy Limited - Financial Adviser Jon Fitzpatrick Paul Weidman Doug Rycroft
| Tel: +44 (0)20 3983 9263 |