Result of General Meeting
Sound Energy plc announced that a resolution proposed at its General Meeting was passed, with 31,107,834 votes for and 11,001,893 votes against, representing 73.87% and 26.13% respectively. The company will not recognize votes from a sanctioned shareholder holding 2,180,000 ordinary shares, and may propose a resolution at a future meeting to address the Share Capital Reorganisation for these shares if sanctions are lifted.
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Sound Energy, the transition energy company, announces that at the General Meeting of the Company held earlier today, the resolution proposed in the Notice of General Meeting was duly passed.
The results of the poll were as follows:
| Resolution | For | % | Against | % | Withheld |
|---|---|---|---|---|---|
| 1 | 31,107,834 | 73.87% | 11,001,893 | 26.13% | 47,376 |
The Company notes that 2,180,000 ordinary shares in the Company (prior to the Share Capital Reorganisation announced on 10 February 2026) (the "Sanctioned Shares") are held by a shareholder who is currently subject to applicable sanctions (the "Sanctioned Shareholder"). While the Sanctioned Shareholder remains subject to such sanctions, the Board has taken the view that the Company should not recognise the exercise of voting rights attaching to the Sanctioned Shares. Accordingly, the Company has not recognised, and would not take into account, any votes purportedly cast in respect of the Sanctioned Shares in relation to the resolutions put to the GM or any shareholder votes to be held at General Meetings or Annual General Meetings in the future.
| Sound Energy plc Majid Shafiq (CEO) | c/o Flagstaff Communications |
| Flagstaff Strategic and Investor Communications Tim Thompson, Mark Edwards, Alison Allfrey | sound@flagstaffcomms.com +44 (0)20 129 1474 |
| Zeus - Nominated Adviser and Broker James Joyce, Darshan Patel, Liv Highton (Investment Banking) Simon Johnson (Corporate Broking) | +44 (0)20 3829 5000 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.