Block Admission Update

Source: RNS
RNS Number : 6396A
Sound Energy PLC
16 August 2024
 

16 August 2024

 

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:

19 February 2024

To:

16 August 2024

Number of unallotted securities not issued under the scheme(s) at the start of the period:

 

 

13,796,794

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:

 

 

0

Equals:  Balance under scheme(s) not yet issued/allotted at end of period:

 

 

 

13,796,794

Number and class of securities originally admitted and the date of admission:


20,236,628 - 12 May 2022

Name of contact:

AMBA Secretaries Limited, Company Secretary

Telephone number of contact:

+44 (0)20 7190 9930

 

Enquiries:

Sound Energy plc

Graham Lyon, Executive Chairman

 

chairman@soundenergyplc.com

Flagstaff Strategic and Investor Communications

Tim Thompson

Mark Edwards

Alison Allfrey

 

sound@flagstaffcomms.com

+44 (0)20 129 1474

Cavendish Capital Markets - Nominated Adviser

Ben Jeynes 

Peter Lynch 

 

+44 (0)20 7220 0500

Zeus - Broker

Simon Johnson

+44 (0)20 3829 5000

 

 

 

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