AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

SOUND ENERGY PLC

Capital/Financing Update Nov 20, 2023

7926_egm_2023-11-20_fa026abc-2314-4cea-b99e-a89627967f59.html

Capital/Financing Update

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

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

Tim Thompson

Mark Edwards

Alison Allfrey
Tel: 44 (0)20 129 1474

[email protected]
Sound Energy

Graham Lyon, Executive Chairman
[email protected]
Cavendish Capital Markets - Nominated Adviser

Ben Jeynes 

Peter Lynch
Tel: 44 (0)20 7397 8900
SP Angel Corporate Finance LLP - Broker
Richard Hail Tel: 44 (0)7789 865 095
Gneiss Energy Limited - Financial Adviser

Jon Fitzpatrick

Paul Weidman

Doug Rycroft
Tel: 44 (0)20 3983 9263

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 [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NOGEALFEADSDFFA

Talk to a Data Expert

Have a question? We'll get back to you promptly.