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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.038 | -4.52% | 0.802 | 0.78 | 0.84 | 0.802 | 0.802 | 0.802 | 2,271,932 | 13:34:19 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 0 | 4.97M | 0.0026 | 3.08 | 15.33M |
From Apr 2019 to Apr 2024
TIDMSOU
RNS Number : 2635I
Sound Energy PLC
23 November 2018
23 November 2018
Sound Energy plc
("Sound Energy" or the "Company")
Issue of Equity
Sound Energy, the Moroccan focused upstream gas company, announces that, consistent with its policy of preserving cash balances for operations, it has issued 88,740 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") at an effective issue price of 17.85 pence per Ordinary share in settlement of fees for services provided to the Company by a third party service provider.
Application has been made for the 88,740 new Ordinary Shares, which will rank pari passu with the Company's existing Ordinary shares, to be admitted to trading on AIM ("Admission"). Dealings in the new Ordinary Shares are expected to commence at 8.00 a.m. on 29 November 2018.
On Admission, the Company will have 1,054,307,109 Ordinary Shares in issue. No ordinary shares are held in treasury. The figure of 1,054,307,109 may be used by the Company's shareholders as the denominator in 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 Guidance and Transparency Rules.
For further information please contact:
Vigo Communications - PR Adviser Tel: +44 (0)20 7390 0230 Patrick d'Ancona Chris McMahon Kate Rogucheva Sound Energy James Parsons, Chief Executive Officer j.parsons@soundenergyplc.com JJ Traynor, Chief Financial Officer j.traynor@soundenergyplc.com Smith & Williamson - Nominated Adviser Tel: +44 (0)20 7131 4000 Azhic Basirov David Jones Ben Jeynes RBC Capital Markets - Joint Broker Tel: +44 (0)20 7653 4000 Matthew Coakes Martin Copeland Macquarie Capital (Europe) Limited Tel: +44 (0)20 3031 2000 - Joint Broker Alex Reynolds Nick Stamp
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.
END
IOEUUONRWNAAUAA
(END) Dow Jones Newswires
November 23, 2018 02:00 ET (07:00 GMT)
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