Block Admission Interim Review

RNS Number : 5942P
Sound Energy PLC
22 February 2016
 

 

 

22 February 2016

 

Sound Energy plc

("Sound Energy" or the "Company")

 

 

Block Admission Interim Review

 

 

Sound Energy, the European/Mediterranean focused upstream gas company, makes the following notification pursuant to Schedule Six of the AIM Rules for Companies 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 of 1p each in the Company ("Ordinary Shares") from time to time pursuant to the exercise of warrants issued by the Company in 2014 to subscribe for new Ordinary Shares at a price of 10.4p per new Ordinary Share ("2014 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 2015 to subscribe for new Ordinary Shares at a price of 24.0p per new Ordinary Share ("2015 Warrants")

 

Period of return:

From:

21 August 2015

To:

20 February 2016

Number of unallotted securities not issued under the scheme(s) at the start of the period:

1:

2:

Total:

72,711,539

28,025,915

100,737,454

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:

Total:

0

0

0

Less:  Number of securities issued/allotted under scheme(s) during period:

1:

2:

Total:

0

215,030

215,030

Equals:  Balance under scheme(s) not yet issued/allotted at end of period:

1:

2:

Total:

72,711,539

27,810,885

100,522,424

Number and class of securities originally admitted and the date of admission:

1:

2:

Total:

72,711,539 Ordinary Shares - 21 August 2015

28,025,915 Ordinary Shares - 21 August 2015

100,737,454 Ordinary Shares - 21 August 2015

Name of contact:

Amanda Bateman, Company Secretary

Telephone number of contact:

+44 (0)1732 606030

           

 

As at 22 February 2016 the Company has 503,902,301 Ordinary Shares in issue with no shares are held in treasury. This is the total number of voting rights in Sound Energy and may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or change to their interest in, the Company under the Disclosure Rules and Transparency Rules.

 

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Alexandra Roper

 

Tel: +44 (0)20 7016 9573

Sound Energy

James Parsons, Chief Executive Officer

 

j.parsons@soundenergyplc.com

 

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes

 

Tel: +44 (0)20 7131 4000

Cantor Fitzgerald Europe - Broker

Sarah Wharry

David Porter

 

Tel: +44 (0)20 7894 8896

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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