Successful Completion of Bond Restructuring

Summary by AI ^BETAClose X

Sound Energy PLC has successfully completed the restructuring of its EUR 28.8 million 5.0% senior secured notes, with 96.30% of voting Noteholders approving the proposal. This approval allows the company to redeem the notes under an amended condition, significantly reducing its balance sheet debt.

Disclaimer*

Sound Energy PLC

12 June 2026

Sound Energy PLC

("Sound Energy", the "Company" and together with its subsidiary undertakings the "Group")

Successful Completion of Bond Restructuring

Sound Energy, the AIM-listed transition energy company, is pleased to announce that, further to its announcements on 26 May 2026 and 28 May 2026, at the meeting of the holders (the "Noteholders") of the Company's Luxembourg listed EUR 28.8m 5.0% senior secured notes (the "Notes") held earlier today to consider the proposal for the restructuring of the Notes (the "Proposal"), the Proposal was duly approved by Noteholders by the requisite majority.

At the Noteholder meeting, quorum was reached with voting instructions representing EUR 24.3 million of the Notes lodged by Noteholders, with 96.30% of votes cast in favour of the Proposal.

As a result of the Noteholders' approval of the Proposal, the Notes may now be redeemed by the Company in accordance with the amended Condition 7.2A (Special redemption at the option of the Issuer), details of which are set out in the Consent Solicitation Memorandum (CSM) published on 28 May 2026.

Notice of the result of the Noteholder meeting will shortly be sent to Noteholders and will be available on the Company's website at www.soundenergyplc.com thereafter.

Andrew Matharu, Chief Financial Officer, commented "We are pleased that Noteholders have supported the proposed amendments to the Eurobonds, which subject to amended Condition 7.2A, will enable the Company to significantly reduce its balance sheet debt."

For further information please visit www.soundenergyplc.com, follow on X @soundenergyplc and LinkedIn or contact:

Sound Energy plc c/o Flagstaff Communications

Majid Shafiq CEO

Flagstaff Strategic and Investor Communications

Tim Thompson, Mark Edwards, Alison Allfrey

sound@flagstaffcomms.com

+44 (0)207 129 1474

Zeus - Nominated Adviser and Broker

James Joyce, Darshan Patel, Liv Highton (Investment Banking)

Simon Johnson (Corporate Broking)

+44 (0)20 3829 5000

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