PDMR Dealings, Exercise of Options & TVR
Sound Energy plc announced that Non-Executive Chair Graham Lyon purchased 603,093 ordinary shares at an average price of £0.020724 per share and exercised nil-cost options for 774,094 ordinary shares, resulting in the issuance of new shares. Following these transactions, Mr. Lyon's interest in the company is 2,078,413 ordinary shares, representing 0.91% of the issued share capital. Application has been made for the admission of the new ordinary shares to trading on AIM, expected around 29 June 2026. After admission, the company's issued share capital will be 226,928,560 ordinary shares with voting rights, totaling 229,108,560 shares including Sanctioned Holding Shares. The company will not recognise voting rights for Sanctioned Shares held by a sanctioned shareholder.
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Sound Energy, the AIM-listed transition energy company, announces that Graham Lyon, Non-Executive Chair, on 23 June 2026 purchased a total of 603,093 ordinary shares of £0.001 each in the Company ("Ordinary Shares") at an average purchase price of £0.020724 per share in the Company.
The Company also announces that Mr Lyon exercised nil-cost options over 774,094 Ordinary Shares. The Company has therefore issued to Mr Lyon a total of 774,094 new ordinary shares of £0.001 each in the Company ("New Ordinary Shares"), pursuant to the exercise of options.
As a result of the above transactions, which are detailed in each PDMR Notification Dealing Form below, Mr Lyon's interest in the Company is 2,078,413 Ordinary Shares, representing 0.91% of the issued share capital.
Application has been made for the admission of the New Ordinary Shares to trading on AIM ("Admission"). The New Ordinary Shares will rank pari passu with the existing Ordinary Shares and it is expected that Admission will become effective on or around 8.00 a.m. on or around 29 June 2026.
Following Admission, the Company's issued share capital will consist of 226,928,560 Ordinary Shares of £0.001 each with voting rights in the Company and 2,180,000 Sanctioned Holding Shares of £0.01 each totalling 229,108,560 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury. This figure of 229,108,560 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
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.
| 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 | |||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a. | Name | Graham Lyon | ||||
| 2. | Reason for the notification | |||||
| a. | Position/status | Non-Executive Chair | ||||
| b. | Initial notification/Amendment | Initial Notification | ||||
| a. | Name | Sound Energy plc | ||||
| b. | LEI | 213800VQKS2TU6FOW115 | ||||
| a. | Description of the Financial instrument, type of instrument Identification code | Ordinary shares of £0.001 per share par value GB00B90XFF12 | ||||
| b. | Nature of the transaction | Purchase of Ordinary Shares | ||||
| c. | Price(s) and volume(s) |
| ||||
| d. | Aggregated information · Aggregated volume · Price | 603,093 shares £0.020724 per share | ||||
| f. | Place of the transaction | London Stock Exchange, AIM | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a. | Name | Graham Lyon | ||||
| 2. | Reason for the notification | |||||
| a. | Position/status | Non-Executive Chair | ||||
| b. | Initial notification/Amendment | Initial Notification | ||||
| a. | Name | Sound Energy plc | ||||
| b. | LEI | 213800VQKS2TU6FOW115 | ||||
| a. | Description of the Financial instrument, type of instrument Identification code | Ordinary shares of £0.001 per share par value GB00B90XFF12 | ||||
| b. | Nature of the transaction | Exercise of Nil-Cot Options | ||||
| c. | Price(s) and volume(s) | Price(s) Volume(s) N/A 774,094 | ||||
| d. | Aggregated information · Aggregated volume · Price | N/A (single transaction) | ||||
| f. | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.