Sound Energy Issues New Shares After Loan Conversion

Sound Energy (GB:SOU) has released an update.

Sound Energy plc has issued 37.5 million new ordinary shares following the partial conversion of a convertible loan note, reducing its accrued interest by £375,000. These shares will be available for trading on AIM from October 22, 2024, increasing the company’s share capital to over 2 billion shares. Investors can use this updated share count for regulatory reporting under the Financial Conduct Authority’s rules.

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