TVR and Block Admission Interim Review

RNS Number : 6032C
Sound Energy PLC
01 October 2018
 

 

 

1 October 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 30 September 2018.

As at 30 September 2018 the Company had 1,052,913,182* 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.

*including 1,250,000 Ordinary Shares to be admitted to trading on AIM on 2 October 2018 - the issue of which was announced by the Company on 26 September 2018.

 

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 March 2018

To:

30 September 2018

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

1:

2:

3.

Total

19,382,809

37,771,110

4,629,999

61,783,918

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:

2:

3:

Total

0

0

0

0

Less:  Number of securities issued/allotted under scheme(s) during period:

1:

2:

3:

Total

1,470,387

0

2,450,000

3,920,387

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

1:

2:

3:

Total

17,912,422

37,771,110

2,179,999

57,863,531

 

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

 

1:

 

 

 

2:

 

 

3:

 

Total

 

28,025,915 Ordinary Shares - 21 August 2015

12,189,119 Ordinary Shares - 22 September 2016

38,531,590  Ordinary shares - 22 December 2016

 

25,000,000 Ordinary 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, AMBA Secretaries Limited, Company Secretary

Telephone number of contact:

+44 (0)1732 606030

 

For further information please contact:

 

Vigo Communications - PR Adviser

Patrick d'Ancona

Chris McMahon

Kate Rogucheva 

Tel: +44 (0)20 7390 0230

 

Sound Energy

James Parsons, Chief Executive Officer 

JJ Traynor, Chief Financial Officer

 

 

 

j.parsons@soundenergyplc.com

jj.traynor@soundenergyplc.com

Smith & Williamson - Nominated Adviser

Azhic Basirov

David Jones

Ben Jeynes 

 

Tel: +44 (0)20 7131 4000

RBC - Joint Broker

Matthew Coakes

Martin Copeland

 

 

Tel: +44 (0)20 7653 4000

Macquarie Capital (Europe) Limited - Joint Broker

Alex Reynolds

Nick Stamp

Tel: +44 (0)20 3037 2000

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCLLFFRIDLLIIT

Companies

Sound Energy (SOU)
UK 100

Latest directors dealings