Block Admission Update

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:	[phone]

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

Vigo Consulting - PR Adviser Patrick d'Ancona Finlay Thomson	Tel: [phone]
Sound Energy Graham Lyon, Executive Chairman	[e-mail]
Cenkos Securities - Nominated Adviser Ben Jeynes Peter Lynch	Tel: [phone]
SP Angel Corporate Finance LLP Richard Hail	Tel: [phone]
Gneiss Energy Limited - Financial Adviser Jon Fitzpatrick / Paul Weidman	Tel: [phone]

 

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