TIDMSOU

RNS Number : 7029J

Sound Energy PLC

03 April 2018

3 April 2018

Sound Energy plc

("Sound Energy" or the "Company")

Total Voting Rights and Block Admission Interim Review

Sound Energy, the Moroccan focused upstream company, announces, in accordance with the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the following information as at 31 March 2018.

As at 31 March 2018 the Company had 1,016,225,341 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.

Block Admission Interim Review

The Company also 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 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"). 
                                                                                                    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 2016 to subscribe for new 
                                                                                                    Ordinary Shares at 
                                                                                                    a price of 30.0p per new Ordinary Share 
                                                                                                    ("2016 Warrants"). 
                                                                                                    3. 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:                                1 September    To:          31 March 
                                                                                                   2017                        2018 
-----------------------------------------------------------  -----------------------------------  -------------  -----------  ------------- 
 Number of unallotted securities not issued under the scheme(s) at the start of the period:             1:        22,378,757 
                                                                                                        2:         37,771,110 
                                                                                                        3.         7,079,999 
                                                                                                       Total       67,229,866 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 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 
 
                                                                                                       Total       0 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 Less: Number of securities issued/allotted under scheme(s) during period:                              1:        2,995,948 
                                                                                                        2:         0 
                                                                                                        3:         2,450,000 
 
                                                                                                       Total       5,445,948 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 Equals: Balance under scheme(s) not yet issued/allotted at end of period:                              1:        19,382,809 
                                                                                                        2:         37,771,110 
                                                                                                        3:         4,629,999 
                                                                                                       Total       61,783,918 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 Number and class of securities originally admitted and the date of admission: 
 
                                                                                                                   28,025,915 Ordinary 
                                                                                                         1:        Shares - 21 August 2015 
                                                                                                                   12,189,119 Ordinary 
                                                                                                                   Shares - 22 September 
                                                                                                                   2016 
                                                                                                         2:        38,531,590 Ordinary 
                                                                                                                   shares - 22 December 
                                                                                                                   2016 
                                                                                                         3: 
                                                                                                                   25,000,000 Ordinary 
                                                                                                       Total       Shares - 22 September 
                                                                                                                   2016 
                                                                                                                   30,642,337 Ordinary 
                                                                                                                   Shares - 22 December 
                                                                                                                   2016 
 
                                                                                                                   7,079,999 Ordinary 
                                                                                                                   Shares - 22 December 
                                                                                                                   2016 
 
 
                                                                                                                   141,468,960 Ordinary 
                                                                                                                   Shares 
------------------------------------------------------------------------------------------------  -------------  -------------------------- 
 Name of contact:                                                                                  Amanda Bateman, Company Secretary 
------------------------------------------------------------------------------------------------  ----------------------------------------- 
 Telephone number of contact:                                                                      +44 (0)1732 606030 
------------------------------------------------------------------------------------------------  ----------------------------------------- 
 
 

For further information please contact:

 
                Vigo Communications - PR Adviser                  Tel: +44 (0)20 7830 9700 
                 Patrick d'Ancona 
                 Chris McMahon 
                 Kate Rogucheva 
 
                  Sound Energy 
                  James Parsons, Chief Executive                    j.parsons@soundenergyplc.com 
                  Officer 
                Smith & Williamson - Nominated                    Tel: +44 (0)20 7131 4000 
                 Adviser 
                 Azhic Basirov 
                 David Jones 
                 Ben Jeynes 
                RBC - Joint Broker                                Tel: +44 (0)20 7653 4000 
                 Matthew Coakes 
                 Martin Copeland 
                 Laura White 
 
                  Macquarie Capital (Europe)                        Tel: +44 (0)20 3037 2000 
                  Limited - Joint Broker 
                  Alex Reynolds 
                  Nick Stamp 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 03, 2018 12:09 ET (16:09 GMT)

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