TIDMSOU

RNS Number : 5104M

Sound Energy PLC

13 October 2016

13 October 2016

Sound Energy plc

("Sound Energy" or the "Company")

Exercise of Options and Issue of Equity

Sound Energy, the European and African focused upstream gas company, announces that as a result of an exercise of share options by a non-board employee of the Company, the Company issued 1,288,888 ordinary shares of 1p each in the Company (the "New Ordinary Shares") on 12 October 2016. Application will be made to the London Stock Exchange plc for the New Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 19 October 2016.

Following the issue of the New Ordinary Shares, the Company will have 561,242,652 ordinary shares of 1p each in issue ("Ordinary Shares"). No Ordinary Shares are held in treasury. The figure of 561,242,652 may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Rules and Transparency Rules.

For further information please contact:

 
 Vigo Communications - PR Adviser        Tel: +44 (0)20 7830 9700 
  Patrick d'Ancona 
  Chris McMahon 
  Alexandra Roper 
----------------------------------  ----------------------------- 
 Sound Energy                        j.parsons@soundenergyplc.com 
  James Parsons, Chief Executive 
  Officer 
----------------------------------  ----------------------------- 
 Smith & Williamson - Nominated          Tel: +44 (0)20 7131 4000 
  Adviser 
  Azhic Basirov 
  David Jones 
  Ben Jeynes 
----------------------------------  ----------------------------- 
 Cantor Fitzgerald Europe - Broker       Tel: +44 (0)20 7894 8896 
  Sarah Wharry 
  David Porter 
----------------------------------  -----------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

October 13, 2016 13:11 ET (17:11 GMT)

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