Block Admission Update

RNS Announcement

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

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RNS metadata

Title: Block Admission Update
Time: 17:13:04
Date: 2 Oct 2020
Category: Capital structure
ID: 0141B