Information  X 
Enter a valid email address

Sound Energy PLC (SOU)

  Print      Mail a friend       Annual reports

Friday 02 October, 2020

Sound Energy PLC

Block Admission Update

RNS Number : 0141B
Sound Energy PLC
02 October 2020
 

2 October 2020

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Block Admission Interim Review

 

Sound Energy, the Moroccan focused upstream company, makes the following notification 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 April 2020

To:

30 September 2020

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

1:

2:

3.

Total

17,078,323

37,741,110

304,999

55,124,432

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

8,477

0

0

8,477

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

1:

2:

3:

Total

17,069,846

37,741,110

304,999

55,115,955

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

 

Tel: +44 (0)20 7390 0230

Sound Energy

Graham Lyon, Executive Chairman

 

[email protected]

 

 

 

Cenkos Securities - Nominated Adviser

Ben Jeynes

Russell Cook 

 

Tel: +44 (0)20 7397 8900

Turner Pope Investments (TPI) - Broker

Andy Thacker

 

Tel: +44 (0)20 3657 0050

 

 

 

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
BLRUPGGGUUPUGQP

a d v e r t i s e m e n t