Business
Adjournment of Noteholder Meeting
Adjournment of Noteholder Meeting.
About this update from Sound Energy Plc
[{"type":"text","content":"\n\n\n20 November 2023\n \nSound Energy plc\n(\"Sound Energy\" or the \"Company\")\n \n \nAdjournment of Noteholder Meeting\n \nSound 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.\n \nAn 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\").\n \nThe 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.\n \nNotice 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.\n \nFor further information:\n \n\n\n\n\nFlagstaff Strategic and Investor Communications\nTim Thompson\nMark Edwards\nAlison Allfrey\n \n \n\n\nTel: 44 (0)20 129 1474\n \[email protected]\n\n\n\n\nSound Energy\nGraham Lyon, Executive Chairman\n \n \n\n\n \[email protected]\n \n\n\n\n\nCavendish Capital Markets - Nominated Adviser\nBen Jeynes \nPeter Lynch\n \n \n\n\n \nTel: 44 (0)20 7397 8900\n\n\n\n\nSP Angel Corporate Finance LLP - Broker\n\n\n\n\n\n\n\nRichard Hail\n \n \n\n\nTel: 44 (0)7789 865 095\n\n\n\n\nGneiss Energy Limited - Financial Adviser\nJon Fitzpatrick\nPaul Weidman\nDoug Rycroft\n \n\n\n \nTel: 44 (0)20 3983 9263\n\n\n\n\n \n \n \n \n\n","length":6156,"tagName":"div"}]