Sound Oil PLC Issue of Equity (3590U)
July 29 2015 - 2:00AM
UK Regulatory
TIDMSOU
RNS Number : 3590U
Sound Oil PLC
29 July 2015
29 July 2015
Sound Oil plc
("Sound Oil" or the "Company")
Exercise of Warrants
Sound Oil, the Mediterranean focused upstream oil and gas
company, announces the exercise of 2,015,807 warrants (2,015,384
warrants issued in July 2014 at an exercise price of 10.4p per
share and 423 warrants issued in July 2015 at an exercise price of
24p per share) and the consequent issue of 2,015,807 new ordinary
shares in the Company (the "New Shares").
Application has been made for the New Shares to be admitted to
trading on AIM and it is expected that dealings will commence on 3
August 2015. Following the issue of the New Shares, the Company
will have 503,676,671 ordinary shares in issue with no shares held
in treasury. This is the total number of voting rights in Sound Oil
and 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 Transparency Rules.
For further information please contact:
Vigo Communications - PR Tel: +44 (0)20
Adviser 7016 9573
Patrick d'Ancona
Chris McMahon
Alexandra Roper
-------------------------------- -------------------------
Sound Oil j.parsons@soundoil.co.uk
James Parsons, Chief Executive
Officer
-------------------------------- -------------------------
Smith & Williamson - Nominated Tel: +44 (0)20
Adviser 7131 4000
Azhic Basirov
David Jones
Ben Jeynes
-------------------------------- -------------------------
Peel Hunt - Broker Tel: +44 (0)20
Richard Crichton 7418 8900
Charles Batten
-------------------------------- -------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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