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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.
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Name of the company:
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Sound Energy plc |
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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.
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Period of return: |
From: |
19 February 2024 |
To: |
16 August 2024 |
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Number of unallotted securities not issued under the scheme(s) at the start of the period: |
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13,796,794 |
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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): |
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0
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Less: Number of securities issued/allotted under scheme(s) during period: |
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0 |
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Equals: Balance under scheme(s) not yet issued/allotted at end of period: |
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13,796,794 |
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Number and class of securities originally admitted and the date of admission: |
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20,236,628 - 12 May 2022 |
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Name of contact: |
AMBA Secretaries Limited, Company Secretary |
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Telephone number of contact: |
+44 (0)20 7190 9930 |
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Enquiries:
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Sound Energy plc Graham Lyon, Executive Chairman
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chairman@soundenergyplc.com |
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Flagstaff Strategic and Investor Communications Tim Thompson Mark Edwards Alison Allfrey
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sound@flagstaffcomms.com +44 (0)20 129 1474 |
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Cavendish Capital Markets - Nominated Adviser Ben Jeynes Peter Lynch
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+44 (0)20 7220 0500 |
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Zeus - Broker Simon Johnson |
+44 (0)20 3829 5000 |
Sound Energy plc (AIM: SOU) provided a Block Admission Update concerning nil cost options awarded to employees for new Ordinary Shares. For the period from 19 February 2024 to 16 August 2024, zero securities were issued under the scheme, maintaining the balance of unallotted shares at 13,796,794.
| Date | 16 Aug 2024 |
| Time | 07:00:07 |
| Category | Capital structure |
| ID | 6396A |