Source - RNS
RNS Number : 5104M
Sound Energy PLC
13 October 2016
 

 13 October 2016

 

Sound Energy plc

("Sound Energy" or the "Company")

 

Exercise of Options and Issue of Equity

 

Sound Energy, the European and African focused upstream gas company, announces that   as a result of an exercise of share options by a non-board employee of the Company, the Company issued 1,288,888 ordinary shares of 1p each in the Company (the "New Ordinary Shares") on 12 October 2016. Application will be made to the London Stock Exchange plc for the New Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 19 October 2016.

 

Following the issue of the New Ordinary Shares, the Company will have 561,242,652 ordinary shares of 1p each in issue ("Ordinary Shares"). No Ordinary Shares are held in treasury. The figure of 561,242,652 may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's 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 7830 9700

Sound Energy

James Parsons, Chief Executive Officer 

 

[email protected]

 

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

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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