22 February 2016
Sound Energy plc
("Sound Energy" or the "Company")
Block Admission Interim Review
Sound Energy, the European/Mediterranean focused upstream gas company, makes the following notification pursuant to Schedule Six of the AIM Rules for Companies regarding its existing block admission arrangements:
Name of the company:
Name of scheme:
1. Block admission to satisfy the issue of ordinary shares of 1p each in the Company ("Ordinary Shares") from time to time pursuant to the exercise of warrants issued by the Company in 2014 to subscribe for new Ordinary Shares at a price of 10.4p per new Ordinary Share ("2014 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 2015 to subscribe for new Ordinary Shares at a price of 24.0p per new Ordinary Share ("2015 Warrants")
Period of return:
From:
21 August 2015
To:
20 February 2016
Number of unallotted securities not issued under the scheme(s) at the start of the period:
1:
2:
Total:
72,711,539
28,025,915
100,737,454
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):
0
Less: Number of securities issued/allotted under scheme(s) during period:
215,030
Equals: Balance under scheme(s) not yet issued/allotted at end of period:
27,810,885
100,522,424
Number and class of securities originally admitted and the date of admission:
72,711,539 Ordinary Shares - 21 August 2015
28,025,915 Ordinary Shares - 21 August 2015
100,737,454 Ordinary Shares - 21 August 2015
Name of contact:
Amanda Bateman, Company Secretary
Telephone number of contact:
+44 (0)1732 606030
As at 22 February 2016 the Company has 503,902,301 Ordinary Shares in issue with no shares are held in treasury. This is the total number of voting rights in Sound Energy and may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or change to their interest in, the Company under the Disclosure Rules and Transparency Rules.
For further information please contact:
Vigo Communications - PR Adviser
Patrick d'Ancona
Chris McMahon
Alexandra Roper
Tel: +44 (0)20 7016 9573
Sound Energy
James Parsons, Chief Executive Officer
j.parsons@soundenergyplc.com
Smith & Williamson - Nominated Adviser
Azhic Basirov
David Jones
Ben Jeynes
Tel: +44 (0)20 7131 4000
Cantor Fitzgerald Europe - Broker
Sarah Wharry
David Porter
Tel: +44 (0)20 7894 8896