TIDMSOU

RNS Number : 9989V

Sound Oil PLC

13 August 2015

13 August 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 10,600 warrants issued in July 2015 at an exercise price of 24p per share and the consequent issue of 10,600 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 19 August 2015. Following the issue of the New Shares, the Company will have 503,687,271 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 Adviser               Tel: +44 (0)20 7016 
  Patrick d'Ancona                                             9573 
  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 
  Azhic Basirov                                                4000 
  David Jones 
  Ben Jeynes 
 Peel Hunt - Broker                             Tel: +44 (0)20 7418 
  Richard Crichton                                             8900 
  Charles Batten

This information is provided by RNS

The company news service from the London Stock Exchange

END

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