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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 |
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
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(END) Dow Jones Newswires
November 30, 2023 09:54 ET (14:54 GMT)
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