TIDMSOU

RNS Number : 9389I

Sound Energy PLC

14 August 2019

14 August 2019

Sound Energy plc

("Sound Energy" or the "Company")

Board Change Update

Sound Energy, the Moroccan focused upstream gas company, announced on 14 May 2019 that David Clarkson, a non-executive director of the Company, had informed the Company of his intention to step down from the Board on 13 August 2019 following a transitional period around the appointment of a new non-executive director. Following the appointment of Simon Davies as non-executive chairman of the Company on 23 May 2019, David Clarkson has resigned, as planned, as a director of the Company with immediate effect.

The Company also announces, further to the Company's announcement of 23 January 2018, that the Board has asked James Parsons, the Company's Chief Executive Officer, and he has agreed to remain in his current role whilst the Company continues to explore monetisation options available to the Company in respect of its Eastern Morocco portfolio. This marketing process is ongoing and the Company continues to expect the results to be known prior to the end of 2019.

For further information please contact:

 
Vigo Communications - PR Adviser             Tel: +44 (0)20 7390 0230 
 Patrick d'Ancona 
 Chris McMahon 
Sound Energy                             questions@soundenergyplc.com 
 James Parsons, Chief Executive Officer 
 JJ Traynor, Chief Financial Officer 
Cenkos Securities - Nominated Adviser        Tel: +44 (0)20 7397 8900 
 David Jones 
 Ben Jeynes 
                                             Tel: +44 (0)20 7653 4000 
  RBC - Joint Broker 
  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.

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August 14, 2019 02:02 ET (06:02 GMT)

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