Sound Oil PLC Issue of Equity (6134T)
21 July 2015 - 5:31PM
UK Regulatory
TIDMSOU
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 Tel: +44 (0)20
Adviser 7016 9573
Patrick d'Ancona
Chris McMahon
Alexandra Roper
-------------------------------- -------------------------
Sound Oil j.parsons@soundoil.co.uk
James Parsons, Chief Executive
Officer
-------------------------------- -------------------------
Smith & Williamson - Nominated Tel: +44 (0)20
Adviser 7131 4000
Azhic Basirov
David Jones
Ben Jeynes
-------------------------------- -------------------------
Peel Hunt - Broker Tel: +44 (0)20
Richard Crichton 7418 8900
Charles Batten
-------------------------------- -------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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