Serinus Energy PLC Director Dealing - Issue of Stock Options (4391J)
December 04 2018 - 12:00PM
UK Regulatory
TIDMSENX
RNS Number : 4391J
Serinus Energy PLC
04 December 2018
SERINUS ENERGY PLC
Director Dealing - Issue of Stock Options
Jersey, Channel Islands, December 4, 2018 -- Serinus Energy plc
("Serinus", "SEN" or the "Company") (AIM:SENX, WSE:SEN), announces
that the Company's Board of Directors have approved the granting of
6,203,000 stock options to senior executives and staff employees of
the of the Company at a strike price of GBP0.1475 per share option.
Certain persons discharging managerial responsibilities were
recipients of stock option as detailed at the end of this
announcement.
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 +1-403-264-8877
Jeffrey Auld, Chief Executive Officer
Calvin Brackman, Vice President, External Relations &
Strategy
Numis Securities Limited +44 (0) 20 7260 1000
(Nominated Adviser and Joint Broker)
John Prior
Paul Gillam
Ben Stoop
GMP FirstEnergy +44 (0) 20 7448 0200
(Joint Broker)
Hugh Sanderson
Jonathan Wright
Camarco +44 (0) 20 3781 8334
(Financial PR - London)
Billy Clegg
Owen Roberts
TBT i Wspólnicy +48 22 487 53 02
(Financial PR - Warsaw)
Piotr Talarek
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
Tracy Heck
Calvin Brackman
Alexandra Damascan
-------------------------------------- ---------------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------------
a) Position/status Jeffrey Auld (Chief Executive Officer)
Tracy Heck (Chief Financial Officer)
Calvin Brackman (VP, External Relations
& Strategy)
Alexandra Damascan (President, Serinus Energy
Romania)
-------------------------------------- ---------------------------------------------------
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, Ordinary Shares of no par value
type of instrument
JE00BF4N9R98
Identification code
---------------------------------------- ---------------------------------------------------
b) Nature of the transaction Grant of options to senior executives
---------------------------------------- ---------------------------------------------------
c) Price(s) and
volume(s) PDMR Volume Strike price (GBP)
Jeffrey Auld 2,500,000 0.1475
---------- -------------------
Tracy Heck 2,200,000 0.1475
---------- -------------------
Calvin Brackman 700,000 0.1475
---------- -------------------
Alexandra Damascan 230,000 0.1475
---------- -------------------
--------------------------- ----------------------------------------------------------------
d) Aggregated PDMR Volume Total aggregate
information value at strike
price (GBP)
* Aggregated volume Jeffrey Auld 2,500,000 368,750
---------- -----------------
Tracy Heck 2,200,000 324,500
---------- -----------------
* Price Calvin Brackman 700,000 103,250
---------- -----------------
Alexandra Damascan 230,000 33,925
---------- -----------------
--------------------------- ----------------------------------------------------------------
e) Date of the 03 December 2018
transaction
--------------------------- ----------------------------------------------------------------
f) Place of the Off Market
transaction
--------------------------- ----------------------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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