Sound Oil PLC
12 July 2006
12 July 2006
SOUND OIL PLC
("Sound Oil" or the "Company")
Result of EGM
Sound Oil (AIM: SOU), the upstream oil and gas company, announces that the
resolutions proposed at the extraordinary general meeting of the Company held
today to approve the acquisition by the Company of the entire issued share
capital of Mitra Energia Limited ("Mitra") in a reverse takeover (the
"Acquisition") and the associated Takeover Code Rule 9 waiver were duly passed.
The Acquisition remains conditional on the admission to trading on AIM of the
223,376,623 new ordinary shares in the Company issued to the vendors of Mitra
pursuant to the Acquisition. Application has been made for these shares and
4,795,658 new ordinary shares issued in settlement of professional fees to be
admitted, and the 302,755,067 existing ordinary shares in the Company to be
re-admitted, to trading on AIM and this is expected to become effective on 13
July 2006.
Enquiries
Gerry Orbell, Chairman 07903 861 145
Sound Oil g.orbell@virgin.net
Smith & Williamson, nominated adviser to Sound Oil
Azhic Basirov 020 7131 4000
David Jones 020 7131 4000
Buchanan Communications
Tim Thomson 020 7466 5000
Ben Willey 020 7466 5000
Nick Melson 020 7466 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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