Block Admission Update and Total Voting Rights

RNS Number : 7424I

Sound Energy PLC

01 September 2016

 

1 September 2016

Sound Energy plc

("Sound Energy" or the "Company")

Block Admission Interim Review and Total Voting Rights

Sound Energy, the European and African focused upstream 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 February 2016		To:	31 August 2016
Number of unallotted securities not issued under the scheme(s) at the start of the period:		1: 2: Total:	72,711,539 27,810,885 100,522,424
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:	21,957,692 8,113,491 30,071,183
Equals:  Balance under scheme(s) not yet issued/allotted at end of period:		1: 2: Total:	50,753,847 19,697,394 70,451,241
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:		[phone]

Total Voting Rights

As at 31 August 2016 the Company has 536,053,484 Ordinary Shares in issue with no shares 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: [phone]
Sound Energy James Parsons, Chief Executive Officer	[e-mail]
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes	Tel: [phone]
Cantor Fitzgerald Europe - Broker Sarah Wharry David Porter	Tel: [phone]

 

END

 

 

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