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RNS Number : 9412Q Serinus Energy PLC 04 June 2024
04 June 2024
Press Release
Director/PDMR Exercise of Options
Jersey, Channel Islands, 04 June 2024 -- Serinus Energy plc ("the Company")
reports that its Chief Executive Officer, Jeffrey Auld, acquired shares
allocated pursuant to the Company's Long-Term Incentive Programme ("LTIP")
representing 2,654,519 common shares in the Company ("Common Shares") on 3
June 2024. Following the purchase, Mr. Auld's total shareholding in the
Company comprises 3,993,394 Common Shares, representing 3.48% per cent of the
Issued Share Capital of the Company.
Immediately following Admission, the Company's issued share capital will
consist of 114,709,077 Common Shares. Application has been made to admit
643,004 new Common Shares to trading on the AIM market of the London Stock
Exchange on 7 June 2024, ("Admission"). The Company now holds no Common Shares
in treasury following the transfer of 2,011,515 shares out of treasury to
satisfy the balance of the LTIP shares. This figure may be used by
shareholders to determine if they are required to notify their interest in, or
a change to their interest in, the Company.
The notifications below, made in accordance with the requirements of the UK
Market Abuse Regulation, provide further detail on the above transactions.
About Serinus
Serinus is an international upstream oil and gas exploration and production
company that owns and operates projects in Tunisia and Romania.
For further information, please refer to the Serinus website
(www.serinusenergy.com) or contact the following:
Serinus Energy plc +44 204 541 7859
Jeffrey Auld, Chief Executive Officer
Calvin Brackman, Vice President, External Relations & Strategy
Shore Capital (Nominated Adviser & Broker) +44 207 408 4090
Toby Gibbs
Lucy Bowden
Translation: This news release has been translated into Polish from the
English original.
Forward-looking Statements This release may contain forward-looking statements
made as of the date of this announcement with respect to future activities
that either are not or may not be historical facts. Although the Company
believes that its expectations reflected in the forward-looking statements are
reasonable as of the date hereof, any potential results suggested by such
statements involve risk and uncertainties and no assurance can be given that
actual results will be consistent with these forward-looking statements.
Various factors that could impair or prevent the Company from completing the
expected activities on its projects include that the Company's projects
experience technical and mechanical problems, there are changes in product
prices, failure to obtain regulatory approvals, the state of the national or
international monetary, oil and gas, financial , political and economic
markets in the jurisdictions where the Company operates and other risks not
anticipated by the Company or disclosed in the Company's published material.
Since forward-looking statements address future events and conditions, by
their very nature, they involve inherent risks and uncertainties and actual
results may vary materially from those expressed in the forward-looking
statement. The Company undertakes no obligation to revise or update any
forward-looking statements in this announcement to reflect events or
circumstances after the date of this announcement, unless required by law.
1 Details of the person discharging managerial responsibilities /
person closely associated Reason for the notification
a) Name Jeffrey Auld
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification Initial Notification
/Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Serinus Energy Plc
b) LEI 549300W183KUX62DVI32
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument
Ordinary Shares of no par value
Identification code
JE00BF4N9R98
b) Nature of the transaction Award of LTIP Shares to receive Ordinary Shares
c) Price(s) and volume(s)
Strike price Volume
nil pence per share 2,654,519
d) Aggregated information
N/A (single transaction)
- Aggregated volume
- Price
e) Date of the transaction 03 June 2024
f) Place of the transaction Outside of a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A (single transaction)
e)
Date of the transaction
03 June 2024
f)
Place of the transaction
Outside of a trading venue
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