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SOU Sound Energy Plc

0.85
0.074 (9.54%)
02 May 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
  0.074 9.54% 0.85 0.80 0.898 0.80 0.80 0.80 7,019,123 16:35:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 0 4.97M 0.0026 3.08 15.33M

Sound Energy PLC Partial Loan Note Conversion & TVR (2673V)

30/11/2023 2:54pm

UK Regulatory


Sound Energy (LSE:SOU)
Historical Stock Chart


From Nov 2023 to May 2024

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TIDMSOU

RNS Number : 2673V

Sound Energy PLC

30 November 2023

30 November 2023

Sound Energy plc

("Sound Energy" or the "Company")

Partial Conversion of Convertible Loan Note

Total Voting Rights

Sound Energy (AIM: SOU), the AIM listed transition energy company, advises that it has received conversion notices to issue 11,111,110 new Ordinary Shares ("Shares") at a conversion price of 2.25 pence per Share under an existing Convertible Loan Note Agreement, the terms of which were announced on 13 June 2023 ("Partial Conversion"). The Partial Conversion reduces the amount owing on the Convertible Notes by GBP250,000, with GBP250,000 remaining.

An application has been made for the Shares to be admitted to trading on AIM ("Admission"). The Shares will rank pari passu with the existing ordinary shares in issue and it is expected that Admission will occur on or around 8.00 a.m. on 6 December 2023.

Following Admission, the Company's enlarged share capital will comprise 1,963,122,679 ordinary shares of 1p each, each with voting rights. This figure may be used by 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, securities of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

 
 Flagstaff Strategic and Investor           sound@flagstaffcomms.com 
  Communications                             Tel: +44 (0)20 129 1474 
  Tim Thompson 
  Mark Edwards 
  Alison Allfrey 
 Sound Energy                            chairman@soundenergyplc.com 
  Graham Lyon, Executive Chairman 
 Cavendish Capital Markets - Nominated      Tel: +44 (0)20 7220 0500 
  Adviser 
  Ben Jeynes 
  Peter Lynch 
 SP Angel Corporate Finance LLP -           Tel: +44 (0)7789 865 095 
  Broker 
  Richard Hail 
 Gneiss Energy Limited - Financial          Tel: +44 (0)20 3983 9263 
  Adviser 
  Jon Fitzpatrick 
  Paul Weidman 
  Doug Rycroft 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCBMBITMTAJBJJ

(END) Dow Jones Newswires

November 30, 2023 09:54 ET (14:54 GMT)

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