Serinus Energy PLC Director/PDMR Exercise of Options (2857N)
22 Settembre 2023 - 8:00AM
UK Regulatory
TIDMSENX
RNS Number : 2857N
Serinus Energy PLC
22 September 2023
22 September 2023
Press Release
Director/PDMR Exercise of Options
Jersey, Channel Islands, 22 September 2023 -- Serinus Energy plc
("the Company") reports that its Chief Executive Officer, Jeffrey
Auld, exercised share options representing 350,000 common shares at
a price of 2.0 pence in the Company ("Common Shares") on September
21, 2023. Following the purchase, Mr. Auld's total shareholding in
the Company comprises 1,338,875 Ordinary Shares, representing
1.1738% per cent of the Issued Share Capital of the Company.
The share options exercised were issued in 2016 in accordance
with the Company's shareholder approved stock option plan and were
set to expire on September 22, 2023.
Shares will be issued from Treasury. Immediately following
Admission, the Company's issued share capital will consist of
114,066,073 Common Shares. The Company currently holds 2,011,515
Common Shares in treasury. 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 +4 4 204 541 7859
Shore Capital (Nominated Adviser & Broker)
Toby Gibbs
Lucy Bowden +44 207 408 4090
Camarco (Financial PR - London)
Owen Roberts +44 203 781 8334
RES Consulting (Financial PR - Warsaw)
Katarzyna Terej +48 602 214 353
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 Det ails of the person discharging m anagerial responsibilities
/ person closely associated Reason for the notification
a) Name Jeffrey Auld
--------------------------- ------------------------------------------
2 Re ason for the notification
-----------------------------------------------------------------------
a) Position/status Chief Executive Officer
--------------------------- ------------------------------------------
b) I nitial notification Initial Notification
/Amendment
--------------------------- ------------------------------------------
3 Det ails of the issuer, e mission allow ance m a rket participant,
auct ion plat for m, auctioneer or auc tion monitor
-----------------------------------------------------------------------
a) Na me Serinus Energy Plc
--------------------------- ------------------------------------------
b) L E I 549300W183KUX62DVI32
--------------------------- ------------------------------------------
4 Det ails of the t ransact ion(s): section to be re p eated
for ( i) e a ch type of instrum ent; (ii) each type of transac
tion; (iii) each date; and (iv) each place where transactions
have been conducted
-----------------------------------------------------------------------
a) De scription of the
financial instrument, Ordinary Shares of no par value
t ype of instrument
I d e ntification JE00BF4N9R98
code
--------------------------- ------------------------------------------
b) Na ture of the transa Exercise of Options to receive Ordinary
ction Shares
--------------------------- ------------------------------------------
c) Price(s) and
volume (s) Strike price Volume
2.0 pence per
share 350,000
--------
------------------------- --------------------------------------------
d) A ggr e g
ated in formation N/A (single transaction)
- A ggr e
g ated volume
- Price
------------------------- --------------------------------------------
e) Date of the 21 September 2023
transaction
------------------------- --------------------------------------------
f) Place of the Outside of a trading venue
transaction
------------------------- --------------------------------------------
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END
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