TIDMSQZ

RNS Number : 2643N

Serica Energy plc

18 May 2020

 
 For immediate release   18 May 2020 
 

Serica Energy plc

("Serica" or the "Company")

Director / PDMR Shareholding

London, 18 May 2020 - Serica Energy plc (AIM: SQZ) announces that today Malcolm Webb, non-executive director, purchased 18,290 ordinary shares in the Company at a purchase price of 108.80p per share.

Following this transaction Mr Webb is interested in 62,971 ordinary shares in the capital of the Company, representing 0.0235% of the Company's current issued share capital.

Enquiries:

 
 Serica Energy plc                               +44 (0)20 7457 2020 
 Tony Craven Walker, Executive Chairman 
 Mitch Flegg, CEO 
 
 Peel Hunt (Nomad & Joint Broker)                +44 (0)20 7418 8900 
 Richard Crichton / David McKeown / Alexander 
  Allen 
 
 Jefferies (Joint Broker)                        +44 (0)20 7029 8000 
 Tony White / Will Soutar 
 
                                                 +44 (0)20 7457 2020 
 Instinctif Partners                              / 
                                                 +44 (0)7493 867 
                                                  435 / 
 Mark Garraway / Sarah Hourahane / Dinara         +44 (0)7580 817 
  Shikhametova                                    276 
                                                 serica@instinctif.com 
 
 

NOTES TO EDITORS

Serica Energy is a British independent oil and gas exploration and production company with exploration, development and production assets in the UK and exploration interests offshore Namibia.

Serica is the operator of the producing Bruce, Keith and Rhum fields in the UK Northern North Sea, holding a 98% interest in the Bruce field, a 100% interest in the Keith field and a 50% interest in the Rhum field. .

Serica holds an 18% non-operated interest in the producing Erskine field in the UK Central North Sea and a 50% operated interest in the Columbus field for which development has been approved by the OGA and has commenced.

Further information on the Company can be found at 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.

The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide further detail.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                      Malcolm Webb 
      ----------------------------------------  ----------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------- 
 a)    Position/status                           Non-Executive Director 
      ----------------------------------------  ----------------------------- 
 b)    Initial notification/Amendment            Initial Notification 
      ----------------------------------------  ----------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------- 
 a)    Name                                      Serica Energy plc 
      ----------------------------------------  ----------------------------- 
 b)    LEI                                       213800EZZOKA815VC426 
      ----------------------------------------  ----------------------------- 
 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              Ordinary shares of US$0.10 
        instrument, type of instrument            per share par value 
      ----------------------------------------  ----------------------------- 
       Identification code                       GB00B0CY5V57 
      ----------------------------------------  ----------------------------- 
 b)    Nature of the transaction                 Purchase of shares 
      ----------------------------------------  ----------------------------- 
 c)    Price(s) and volumes(s)                   Price(s)       Volume(s) 
      ----------------------------------------  -------------  -------------- 
                                                      108.80p   18,290 
 ---------------------------------------------  -------------  -------------- 
 d)    Aggregated information                    N/A (single transaction) 
      ----------------------------------------  ----------------------------- 
  Aggregated volume 
 ---------------------------------------------  ----------------------------- 
  Price 
 ---------------------------------------------  ----------------------------- 
 e)    Date of the transaction                   18 May 2020 
      ----------------------------------------  ----------------------------- 
 f)    Place of the transaction                  London Stock Exchange, AIM 
      ----------------------------------------  ----------------------------- 
 

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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May 18, 2020 13:00 ET (17:00 GMT)

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