REG - Serica Energy PLC - Transaction in Own Shares
17/06/2024 09:00
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RNS Number : 6746S Serica Energy PLC 17 June 2024
Serica Energy plc
("Serica" or the "Company")
Transaction in Own Shares
London, 17 June 2024 - Serica Energy plc (the "Company") (AIM: SQZ) announces
that on 14 June 2024, it purchased 419,504 ordinary shares of US$0.10 each in
the Company on the London Stock Exchange through Peel Hunt LLP, in accordance
with the terms of its share buyback programme announced on 24 April 2024 (the
"Buyback Programme"). The shares purchased will be held in treasury.
Name of issuer: Serica Energy plc
ISIN: GB00B0CY5V57
Date of purchase: 14 June 2024
Aggregate number of ordinary shares purchased: 419,504
Lowest price paid per share (pence per share): 143.00
Highest price paid per share (pence per share): 146.95
Volume weighted average price paid per share (pence per share): 145.3405
This announcement is prepared on a trade basis. It is expected that the shares
purchased will be delivered to the Company within two working days. The total
voting rights referred to below is prepared on a settlement basis.
Following the above, the Company will have 393,468,408 ordinary shares of
US$0.10 each in issue, of which 1,924,323 ordinary shares are held in
treasury. Therefore, the total number of ordinary shares carrying voting
rights will be 391,544,085.
The above figure of 391,544,085 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the table below contains detailed information of the
individual trades made by Peel Hunt LLP as part of the Buyback Programme.
Aggregate daily information
Trading Venue Volume-weighted average price per share (pence) Aggregated volume Lowest price per share Highest price per share
AIM (AIMX) 145.3842 406,254 143.00 146.95
Aquis (AQXE) 144.0000 5,470 144.00 144.00
Turquoise (TRQX) 144.0000 7,780 144.00 144.00
Total 145.3405 419,504 143.00 146.95
Individual transactions
Time of transaction Price Number of shares purchased Exchange Venue
(pence per share)
08:10:32 146.95 50,000 AIMX
08:15:06 143.00 46 AIMX
08:17:04 143.90 2,513 AIMX
08:17:04 143.90 651 AIMX
08:31:23 144.00 1,913 AQXE
08:31:23 144.00 1,515 AQXE
08:31:23 144.00 344 AIMX
08:31:27 144.00 1,359 AQXE
08:31:27 144.00 3,312 AIMX
08:31:27 144.00 344 AIMX
08:31:27 144.00 3,656 AIMX
08:31:27 144.00 3,312 AIMX
08:31:27 144.00 344 AIMX
08:31:27 144.00 3,656 AIMX
08:31:27 144.00 3,656 AIMX
08:31:27 144.00 2,936 TRQX
08:31:27 144.00 844 TRQX
08:31:27 144.00 3,156 TRQX
08:31:27 144.00 844 TRQX
08:31:27 144.00 683 AQXE
08:31:30 144.00 52 AIMX
08:31:30 144.00 52 AIMX
08:31:30 144.00 4,000 AIMX
08:31:30 144.00 3,948 AIMX
08:31:30 144.00 708 AIMX
08:31:30 144.00 1,567 AIMX
08:32:29 144.00 440 AIMX
08:32:29 144.00 1,285 AIMX
09:38:48 144.84 25,000 AIMX
11:33:11 145.40 25,000 AIMX
12:36:14 144.60 1,406 AIMX
12:38:35 144.60 1,437 AIMX
12:38:35 144.60 20130 AIMX
12:38:35 144.60 2,027 AIMX
13:30:43 145.20 22,806 AIMX
13:30:51 145.20 2,194 AIMX
14:38:26 145.00 18,424 AIMX
14:56:26 145.00 16,576 AIMX
15:02:13 144.90 25,000 AIMX
15:33:54 144.65 50,000 AIMX
16:03:33 145.50 853 AIMX
16:03:43 145.50 19,147 AIMX
16:03:43 145.50 1,079 AIMX
16:05:07 146.00 8,921 AIMX
16:05:07 146.00 20,000 AIMX
16:05:48 146.20 50,000 AIMX
16:07:05 146.00 12,368 AIMX
Enquiries
Serica Energy plc +44 (0)20 7390 0230
David Latin (Chairman and Interim CEO) / Martin Copeland (CFO) / Stephen
Lambert (VP Legal and External Relations)
Peel Hunt (Nomad & Joint Broker) +44 (0)20 7418 8900
Richard Crichton / David McKeown / Georgia Langoulant
Jefferies (Joint Broker) +44 (0)20 7029 8000
Sam Barnett / Will Soutar
Vigo Consulting (PR Advisor) +44 (0)20 7390 0230
Patrick d'Ancona / Finlay Thomson serica@vigoconsulting.com
NOTES TO EDITORS
Serica Energy is a British independent oil and gas exploration and production
company with a portfolio of UKCS assets.
Serica has a balance of gas and oil production. The Company is responsible for
about 5% of the natural gas produced in the UK, a key element in the UK's
energy transition.
Serica's producing assets are focused around two main hubs: the Bruce, Keith
and Rhum fields in the UK Northern North Sea, which it operates, and a mix of
operated and non-operated fields tied back to the Triton FPSO. Serica also has
operated interests in the producing Columbus (UK Central North Sea) and
Orlando (UK Northern North Sea) fields and a non-operated interest in the
producing Erskine field in the UK Central North Sea.
Serica has a two-pronged strategy for growth comprising investment in its
existing portfolio and M&A.
Further information on the Company can be found at www.serica-energy.com
(http://www.serica-energy.com) .
The Company's shares are traded on the AIM market of the London Stock Exchange
under the ticker SQZ and the Company is a designated foreign issuer on the
TSX. To receive Company news releases via email, please subscribe via the
Company website.
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