TIDMSOU

RNS Number : 0274U

Sound Energy PLC

20 November 2023

20 November 2023

Sound Energy plc

("Sound Energy" or the "Company")

Adjournment of Noteholder Meeting

Sound Energy, the AIM-listed transition energy company , announces that, further to the Company's announcement of 3 November 2023 in respect of the Company's proposal set out in its Consent Solicitation Memorandum (the "Proposal") for the restructuring of the Company's Luxembourg listed EUR 28.8m 5.0% senior secured notes (the "Notes"), the meeting of the holders of the Notes (the Noteholders") convened to be held earlier today to consider the Proposal (the "Noteholder Meeting") was adjourned due to lack of the necessary quorum.

An adjourned Noteholder meeting, to consider the Proposal in unamended form, will now be held at 10:00 a.m. on 4 December 2023 (the "Adjourned Noteholder Meeting").

The Adjourned Noteholder Meeting will require a quorum of 25 per cent. of the aggregate principal amount of the outstanding Notes, being considerably lower than the 75 per cent. of the aggregate principal amount of the outstanding Notes that had been required for the Noteholder Meeting.

Notice of the Adjourned Noteholders Meeting will shortly be sent to Noteholders and will be available on the Company's website at www.soundenergyplc.com thereafter.

For further information:

 
 Flagstaff Strategic and Investor Communications   Tel: 44 (0)20 129 1474 
  Tim Thompson 
  Mark Edwards                                      sound@flagstaffcomms.com 
  Alison Allfrey 
 Sound Energy 
  Graham Lyon, Executive Chairman                    chairman@soundenergyplc.com 
 Cavendish Capital Markets - Nominated 
  Adviser                                            Tel: 44 (0)20 7397 8900 
  Ben Jeynes 
  Peter Lynch 
 SP Angel Corporate Finance LLP - Broker 
 Richard Hail                                     Tel: 44 (0)7789 865 095 
 Gneiss Energy Limited - Financial 
  Adviser                                           Tel: 44 (0)20 3983 9263 
  Jon Fitzpatrick 
  Paul Weidman 
  Doug Rycroft

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END

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November 20, 2023 09:37 ET (14:37 GMT)

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