Last checked at 23 Jun 2021 15:23
23 June 2021
Sound Energy plc
("Sound Energy" or the "Company")
Issue of Equity and Total Voting Rights
Sound Energy, the Moroccan focused upstream gas company, announces that, consistent with its policy of preserving cash balances, it has issued 808,095 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") in settlement of fees for services provided to the Company by a third party service provider.
Application will be made for the 808,095 new Ordinary Shares, which will rank pari passu with the Company's existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). Dealings in the new Ordinary Shares are expected to commence at 8.00 a.m. on 29 June 2021.
On Admission, the Company will have 1,468,551,297 Ordinary Shares in issue. No Ordinary Shares are held in treasury. The figure of 1,468,551,297 may be used by the Company's shareholders as the denominator in the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
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 | chairman@soundenergyplc.com
|
Cenkos Securities - Nominated Adviser Ben Jeynes Russell Cook
| Tel: +44 (0)20 7397 8900 |
SP Angel Corporate Finance LLP Richard Hail | Tel: +44 (0)20 3470 0470 |