Issue of Equity

RNS Number : 6134T

Sound Oil PLC

21 July 2015

 

21 July 2015

Sound Oil plc

("Sound Oil" or the "Company")

Exercise of Warrants

Sound Oil, the Mediterranean focused upstream oil and gas company, announces that following the exercise of warrants (which were issued in July 2014) at an exercise price of 10.4p per share, it has issued 2,196,153 new ordinary shares in the Company.

Application has been made for the new ordinary shares to be admitted to trading on AIM and it is expected that dealings will commence on 24 July 2015.  Following the issue of the new ordinary shares, the Company will have 501,660,864 ordinary shares in issue and there are no shares held in treasury. This is the total number of voting rights in the Company 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 Oil James Parsons, Chief Executive Officer	[e-mail]
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes	Tel: [phone]
Peel Hunt - Broker Richard Crichton Charles Batten	Tel: [phone]

 

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