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
Jeffrey Auld, Chief Executive
Officer
Calvin Brackman, Vice President,
External Relations & Strategy
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+44 204 541
7859
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|
|
|
|
Shore Capital (Nominated
Adviser & Broker)
Toby Gibbs
Lucy Bowden
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+44 207
408 4090
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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.
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1
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Details of the person discharging managerial responsibilities / person closely associated Reason for the notification
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a)
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Name
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Jeffrey Auld
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2
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Reason for the
notification
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a)
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Position/status
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Chief Executive Officer
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b)
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Initial notification
/Amendment
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Initial Notification
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3
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Details of the issuer, emission allowance market participant, auction platform,
auctioneer or
auction
monitor
|
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a)
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Name
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Serinus Energy Plc
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b)
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LEI
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549300W183KUX62DVI32
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4
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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
|
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a)
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Description of the financial instrument, type of instrument
Identification
code
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Ordinary Shares of no par
value
JE00BF4N9R98
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b)
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Nature of the
transaction
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Award of LTIP Shares to receive
Ordinary Shares
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c)
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Price(s) and volume(s)
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Strike price
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Volume
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nil pence per share
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2,654,519
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|
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d)
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Aggregated information
-
Aggregated
volume
- Price
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N/A (single transaction)
|
|
e)
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Date of the transaction
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03 June 2024
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f)
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Place of the transaction
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Outside of a trading
venue
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