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SOU Sound Energy Plc

0.847
0.069 (8.87%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sound Energy Plc LSE:SOU London Ordinary Share GB00B90XFF12 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.069 8.87% 0.847 0.814 0.878 0.878 0.76 0.76 5,238,576 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 4.97M 0.0026 3.38 16.86M

Sound Oil PLC Result of Open Offer (0183R)

24/06/2015 7:00am

UK Regulatory


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TIDMSOU

RNS Number : 0183R

Sound Oil PLC

24 June 2015

24 June 2015

Sound Oil plc

("Sound Oil" or the "Company")

Result of Open Offer

Sound Oil, the Mediterranean focused upstream gas company, announces the result of the Open Offer first announced by the Company on 18 May 2015.

The Company is pleased to announce that it has received valid acceptances and excess applications from Eligible Shareholders for a total of 15,599,752 Open Offer Shares. Accordingly, a total of 15,599,752 new Ordinary Shares will be issued in connection with the Open Offer.

Application has been made to the London Stock Exchange for the Open Offer Shares, which rank pari passu with the Company's issued Ordinary Shares, to be admitted to trading on AIM. It is expected that Admission will become effective and that dealings will commence at 8.00 a.m. on 25 June 2015. Following the issue of the Open Offer Shares, the Company will have 482,806,817 Ordinary Shares in issue.

There are no shares held in treasury. The total number of voting rights in the Company is therefore 482,806,817 and this figure 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 the Transparency Rules.

All capitalised terms in this announcement are as defined in the circular of the Company dated 21 May 2015.

For further information please contact:

 
Vigo Communications - PR Adviser         Tel: +44 (0)20 7016 9573 
 Patrick d'Ancona 
 Chris McMahon 
 Alexandra Roper 
Sound Oil                                j.parsons@soundoil.co.uk 
 James Parsons, Chief Executive Officer 
Smith & Williamson - Nominated Adviser   Tel: +44 (0)20 7131 4000 
 Azhic Basirov 
 David Jones 
 Ben Jeynes 
Peel Hunt - Broker                       Tel: +44 (0)20 7418 8900 
 Richard Crichton 
 Charles Batten 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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