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Sound Energy plc announced on 6 May 2022 that it has applied for a block admission of 20,236,628 ordinary shares of 1p each to be admitted to trading on AIM. These shares are designated for issuance upon the exercise of nil-cost options awarded to employees for 2020 and 2021 annual bonuses. Admission is expected to become effective at 8:00 a.m. on or around 12 May 2022.
| Date | 6 May 2022 |
| Time | 13:27:10 |
| Category | Capital structure |
| ID | 6563K |
6 May 2022
Sound Energy plc
("Sound Energy" or the "Company")
Block Admission
Sound Energy, the transition energy company, announces that application has been made for a block admission of 20,236,628 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") to be admitted to trading on AIM in respect of new Ordinary Shares which may be issued from time to time on the exercise of nil-cost options awarded to employees of the Company in respect of 2020 and 2021 annual bonuses (the "Options"). The award of the Options was announced by the Company on 3 May 2022.
New Ordinary Shares issued under the block admission will rank pari passu in all respects with existing Ordinary Shares and it is expected that admission will become effective at 8.00 a.m. on or around 12 May 2022. There is no change to the Company's issued share capital as a result of this block admission.
For further information please contact:
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Vigo Consulting - PR Adviser Patrick d'Ancona Finlay Thomson
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Tel: +44 (0)20 7390 0230 |
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Sound Energy Graham Lyon, Executive Chairman
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Cenkos Securities - Nominated Adviser Ben Jeynes Peter Lynch
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Tel: +44 (0)20 7397 8900 |
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SP Angel Corporate Finance LLP Richard Hail |
Tel: +44 (0)20 3470 0470 |