TIDMSOU

RNS Number : 8129J

Sound Energy PLC

18 August 2023

18 August 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 Admissions.

 
 
   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:              22 February 2023              To:       18 August 2023 
                              -----------------  ----------------------------  --------  --------------------------- 
 Number of unallotted securities not issued 
  under the scheme(s) at the start of the 
  period:                                          16,812,584 
                                                  ------------------------------------------------------------------ 
 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:                   3,015,790 
                                                  ------------------------------------------------------------------ 
 Equals: Balance under scheme(s) not yet 
  issued/allotted at end of period:                  13,796,794 
                                                  ------------------------------------------------------------------ 
 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: 
                              -------------------------------------------------------------------------------------- 
 
 
 
 Flagstaff Strategic and Investor           sound@flagstaffcomms.com 
  Communications                             Tel: +44 (0)20 129 1474 
  Tim Thompson 
  Mark Edwards 
  Alison Allfrey 
 Sound Energy                            chairman@soundenergyplc.com 
  Graham Lyon, Executive Chairman 
 Cenkos Securities - Nominated Adviser      Tel: +44 (0)20 7397 8900 
  Ben Jeynes 
  Peter Lynch 
 SP Angel Corporate Finance LLP -           Tel: +44 (0)7789 865 095 
  Broker 
  Richard Hail 
 Gneiss Energy Limited - Financial          Tel: +44 (0)20 3983 9263 
  Adviser 
  Jon Fitzpatrick 
  Paul Weidman 
  Doug Rycroft 
 

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END

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August 18, 2023 07:33 ET (11:33 GMT)

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