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Sound Energy Plc
Tax Case Settlements
Published Jun 22 2023
4 min read

Tax Case Settlements


The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") (EU) No. 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

22 June 2023

Sound Energy plc

("Sound Energy" or the "Company")

 

Tax Case Settlements  

 

 

Sound Energy (AIM: SOU) the transition energy company, is pleased to announce the receipt of court papers confirming the withdrawal of cases between the Company and the Moroccan Tax authority.

 

Subsequent to the Company having previously confirmed that it had entered into a full and final settlement of its tax disputes with the Moroccan Tax Authorities, on terms set out in the Company's announcement of 4 May 2023 and regarding cases of Sound Energy Morocco East and Sound Energy Morocco SARL AU, the Company is pleased to announce that the court has now confirmed in writing its judgement - with both remaining court cases now formally closed.

 

 

For further information visit www.soundenergyplc.com follow on twitter @soundenergyplc or contact :

 

Flagstaff Strategic and Investor Communications

Tim Thompson                                                                                                  sound@flagstaffcomms.com

Mark Edwards
Alison Allfrey                                                                                                                      Tel: +44 (0)20 129 1474

 

Sound Energy

Graham Lyon, Executive Chairman

chairman@soundenergyplc.com

  

 

Cenkos Securities - 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

Tel: +44 (0)20 3983 9263