TIDMSOU

RNS Number : 7246Q

Sound Energy PLC

22 February 2023

22 February 2023

Sound Energy plc

("Sound Energy" or the "Company")

Block Admission Update

Sound Energy, (AIM: SOU) the AIM listed transition energy company, provides an update in relation to the Company's block admission arrangements (the "Block Admissions") in respect of new ordinary shares of 1 pence in the Company ("Ordinary Shares") which may be issued as a result of exercises of existing options.

Block Admission Interim Review

Pursuant to Rule 29 of, and Schedule Six to, the AIM Rules for Companies, the Company provides the following notification regarding its Block Admission.

 
 
   Name of the company:          Sound Energy plc 
 
   Name of scheme:                   Nil cost options awarded to employees of the Company to subscribe for new 
                                     Ordinary Shares 
                                     in the Company in respect of 2020 and 2021 annual bonuses (the "Options"). The 
                                     issue of the 
                                     Options was announced by the Company on 3 May 2022. 
                              -------------------------------------------------------------------------------------- 
 Period of return:             From:             13 May 2022                   To:       21 February 2023 
                              ----------------  ----------------------------  --------  ---------------------------- 
 Number of unallotted securities not issued 
  under the scheme(s) at the start of the 
  period:                                         20,236,628 
                                                 ------------------------------------------------------------------- 
 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):                                           0 
                                                 ------------------------------------------------------------------- 
 Less: Number of securities issued/allotted 
  under scheme(s) during period:                  3,424,044 
                                                 ------------------------------------------------------------------- 
 Equals: Balance under scheme(s) not yet 
  issued/allotted at end of period:                 16,812,584 
                                                 ------------------------------------------------------------------- 
 Number and class of securities originally        20,236,628 - 12 May 2022 
  admitted and the date of admission: 
                                                 ------------------------------------------------------------------- 
 Name of contact:              AMBA Secretaries Limited, Company Secretary 
                              -------------------------------------------------------------------------------------- 
 Telephone number of           +44 (0)20 7190 9930 
  contact: 
                              -------------------------------------------------------------------------------------- 
 
 

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

 
 Vigo Consulting - PR Adviser                           Tel: +44 (0)20 7390 0230 
  Patrick d'Ancona 
  Finlay Thomson 
 Sound Energy                                               chairman@soundenergyplc.com 
  Graham Lyon, Executive Chairman 
 Cenkos Securities - Nominated                          Tel: +44 (0)20 7397 8900 
  Adviser 
  Ben Jeynes 
  Peter Lynch 
 SP Angel Corporate Finance LLP                                Tel: +44 (0)20 3470 0470 
  Richard Hail 
 
 Gneiss Energy Limited - Financial 
  Adviser                                          Tel: +44 (0)20 3983 9263 
  Jon Fitzpatrick / Paul Weidman 
 

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END

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February 22, 2023 05:48 ET (10:48 GMT)

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