TIDMSOU

RNS Number : 7600P

Sound Energy PLC

04 September 2017

4 September 2017

Sound Energy plc

("Sound Energy" or the "Company")

Block Admission Interim Review and Total Voting Rights

Sound Energy, the African and European focused upstream company, makes the following notification pursuant to Schedule Six of the AIM Rules for Companies regarding its existing block admission arrangements:

 
 Name of the company:                                                                              Sound Energy plc 
------------------------------------------------------------------------------------------------  ----------------------------------------- 
 Name of scheme:                                                                                   1. Block admission to satisfy the issue 
                                                                                                   of ordinary shares of 1p each in the 
                                                                                                   Company ("Ordinary 
                                                                                                   Shares") from time to time pursuant to 
                                                                                                   the exercise of warrants issued by the 
                                                                                                   Company in 2014 
                                                                                                   to subscribe for new Ordinary Shares at 
                                                                                                   a price of 10.4p per new Ordinary Share 
                                                                                                   ("2014 Warrants") 
                                                                                                   2. Block admission to satisfy the issue 
                                                                                                   of Ordinary Shares from time to time 
                                                                                                   pursuant to the 
                                                                                                   exercise of warrants issued by the 
                                                                                                   Company in 2015 to subscribe for new 
                                                                                                   Ordinary Shares at 
                                                                                                   a price of 24.0p per new Ordinary Share 
                                                                                                   ("2015 Warrants") 
                                                                                                   3. Block admission to satisfy the issue 
                                                                                                   of Ordinary Shares from time to time 
                                                                                                   pursuant to the 
                                                                                                   exercise of warrants issued by the 
                                                                                                   Company in 2016 to subscribe for new 
                                                                                                   Ordinary Shares at 
                                                                                                   a price of 30.0p per new Ordinary Share 
                                                                                                   ("2016 Warrants") 
                                                                                                   4. Block admission to satisfy the issue 
                                                                                                   of Ordinary Shares from time to time 
                                                                                                   pursuant to the 
                                                                                                   exercise of share options issued by the 
                                                                                                   Company to certain of the Company's 
                                                                                                   employees to subscribe 
                                                                                                   for new Ordinary Shares ("Share 
                                                                                                   Options") 
------------------------------------------------------------------------------------------------  ----------------------------------------- 
 Period of return:                                            From:                                28 February    To:          31 August 
                                                                                                   2017                        2017 
-----------------------------------------------------------  -----------------------------------  -------------  -----------  ------------- 
 Number of unallotted securities not issued under the scheme(s) at the start of the period:             1:        34,048,080 
                                                                                                        2:         44,227,784 
                                                                                                        3.         39,303,799 
                                                                                                        4.         7,079,999 
                                                                                                       Total       124,659,662 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 Plus: The amount by which the block scheme(s) has been increased since the date of the last 
  return (if any increase has been applied for):                                                        1:        0 
                                                                                                        2:         0 
                                                                                                        3:         0 
                                                                                                        4:         0 
                                                                                                       Total       0 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 Less: Number of securities issued/allotted under scheme(s) during period:                              1:        34,048,080 
                                                                                                        2:         21,849,027 
                                                                                                        3:         1,532,689 
                                                                                                        4:         0 
                                                                                                       Total       57,429,796 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 Equals: Balance under scheme(s) not yet issued/allotted at end of period:                              1:        0 
                                                                                                        2:         22,378,757 
                                                                                                        3:         37,771,110 
                                                                                                        4:         7,079,999 
                                                                                                       Total       67,229,866 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 Number and class of securities originally admitted and the date of admission: 
                                                                                                         1:        72,711,539 Ordinary 
                                                                                                                   Shares - 21 August 2015 
                                                                                                         2: 
                                                                                                                   28,025,915 Ordinary 
                                                                                                                   Shares - 21 August 2015 
                                                                                                                   12,189,119 Ordinary 
                                                                                                         3:        Shares - 22 September 
                                                                                                                   2016 
                                                                                                                   38,531,590 Ordinary 
                                                                                                         4:        shares - 22 December 
                                                                                                                   2016 
                                                                                                       Total 
                                                                                                                   25,000,000 Ordinary 
                                                                                                                   Shares - 22 September 
                                                                                                                   2016 
                                                                                                                   30,642,337 Ordinary 
                                                                                                                   Shares - 22 December 
                                                                                                                   2016 
 
                                                                                                                   7,079,999 Ordinary 
                                                                                                                   Shares - 22 December 
                                                                                                                   2016 
 
                                                                                                                   214,180,499 Ordinary 
                                                                                                                   Shares 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 Name of contact:                                                                                  Amanda Bateman, Company Secretary 
------------------------------------------------------------------------------------------------  ----------------------------------------- 
 Telephone number of contact:                                                                      +44 (0)1732 606030 
------------------------------------------------------------------------------------------------  ----------------------------------------- 
 
 

Total Voting Rights

The Company wishes to announce, in accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the following information as at 31 August 2017.

As at 31 August 2017 the Company had 735,429,393 Ordinary Shares in issue with no shares are held in treasury. This is the total number of voting rights in Sound Energy 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 Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further information please contact:

 
 Vigo Communications - PR                   Tel: +44 (0)20 7830 
  Adviser                                                  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 
  Adviser                                                  4000 
  Azhic Basirov 
  David Jones 
  Ben Jeynes 
 RBC Capital Markets - Broker               Tel: +44 (0)20 7653 
  Matthew Coakes                                           4000 
  Martin Copeland 
  Laura White 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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