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Block Admission Update

22 Feb 2023 10:48

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

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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