tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sound Energy Issues New Shares After Loan Conversion

Sound Energy Issues New Shares After Loan Conversion

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

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

For further insights into GB:SOU stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1