SOUND ENERGY PLC

Share Issue/Capital Change • Aug 17, 2015

National Storage Mechanism | Additional information

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RNS Number : 2719W

Sound Oil PLC

17 August 2015

17 August 2015

Sound Oil plc

("Sound Oil" or the "Company")

Block Admission

Sound Oil, the Mediterranean focused upstream oil and gas company, announces that applications have been made for the block admissions of up to a total of 100,737,454 ordinary shares of 1p each in the Company (the "New Ordinary Shares") to trading on AIM (the "Block Admissions"). The New Ordinary Shares are expected to be issued from time to time pursuant to the exercise of warrants to subscribe for new ordinary shares of 1p each in the Company ("Ordinary Shares").

The New Ordinary Shares are expected to be admitted to trading on AIM on 21 August 2014 and will, when issued, rank pari passu with the Company's existing Ordinary Shares.

The Block Admissions have been made in respect of the issue of Ordinary Shares pursuant to the exercise of (i) warrants issued by the Company in 2014 to subscribe for new Ordinary Shares at a price of 10.4p per new Ordinary Share (the "2014 Warrants"); and (ii) warrants issued by the Company in 2015 to subscribe for new Ordinary Shares at a price of 24.0p per new Ordinary Share (the "2015 Warrants"), in the below amounts:

2014 Warrants	72,711,539
2015 Warrants	28,025,915
Total	100,737,454

Following admission, the Company will continue to have 503,687,271 ordinary shares of 1p each in issue with no shares are 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 Patrick d'Ancona Chris McMahon Alexandra Roper	Tel: +44 (0)20 7016 9573
Sound Oil James Parsons, Chief Executive Officer	j.parsons@soundoil.co.uk
Smith & Williamson - Nominated Adviser Azhic Basirov David Jones Ben Jeynes	Tel: +44 (0)20 7131 4000
Peel Hunt - Broker Richard Crichton Charles Batten	Tel: +44 (0)20 7418 8900

This information is provided by RNS

The company news service from the London Stock Exchange

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