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Tax Case Settlements

22 Jun 2023 07:00

RNS Number : 5102D
Sound Energy PLC
22 June 2023
 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") (EU) No. 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

22 June 2023

Sound Energy plc

("Sound Energy" or the "Company")

 

Tax Case Settlements

 

 

Sound Energy (AIM: SOU) the transition energy company, is pleased to announce the receipt of court papers confirming the withdrawal of cases between the Company and the Moroccan Tax authority.

 

Subsequent to the Company having previously confirmed that it had entered into a full and final settlement of its tax disputes with the Moroccan Tax Authorities, on terms set out in the Company's announcement of 4 May 2023 and regarding cases of Sound Energy Morocco East and Sound Energy Morocco SARL AU, the Company is pleased to announce that the court has now confirmed in writing its judgement - with both remaining court cases now formally closed.

 

 

For further information visit www.soundenergyplc.com follow on twitter @soundenergyplc or contact :

 

Flagstaff Strategic and Investor Communications

Tim Thompson sound@flagstaffcomms.com

Mark EdwardsAlison Allfrey 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

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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