Tax Case Settlements

Sound Energy PLC

22 June 2023

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") (EU) No. 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

22 June 2023

Sound Energy plc

("Sound Energy" or the "Company")

Tax Case Settlements  

Sound Energy (AIM: SOU) the transition energy company, is pleased to announce the receipt of court papers confirming the withdrawal of cases between the Company and the Moroccan Tax authority.

Subsequent to the Company having previously confirmed that it had entered into a full and final settlement of its tax disputes with the Moroccan Tax Authorities, on terms set out in the Company's announcement of 4 May 2023 and regarding cases of Sound Energy Morocco East and Sound Energy Morocco SARL AU, the Company is pleased to announce that the court has now confirmed in writing its judgement - with both remaining court cases now formally closed.

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

Flagstaff Strategic and Investor Communications

Tim Thompson                                                                                                  [e-mail]

Mark Edwards
Alison Allfrey                                                                                                                      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 - Broker
Richard Hail	Tel: [phone]
Gneiss Energy Limited - Financial Adviser Jon Fitzpatrick Paul Weidman	Tel: [phone]

 

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