REG - Serica Energy PLC - Transaction in Own Shares
20/05/2024 07:15
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RNS Number : 0013P Serica Energy PLC 20 May 2024
Serica Energy plc
("Serica" or the "Company")
Transaction in Own Shares
London, 20 May 2024 - Serica Energy plc (the "Company") (AIM: SQZ) announces
that on 17 May 2024, it purchased 425,243 ordinary shares of US$0.10 each in
the Company on the London Stock Exchange through Peel Hunt LLP, in accordance
with the terms of its share buyback programme announced on 24 April 2024 (the
"Buyback Programme"). The shares purchased will be held in treasury.
Name of issuer: Serica Energy plc
ISIN: GB00B0CY5V57
Date of purchase: 17 May 2024
Aggregate number of ordinary shares purchased: 425,243
Lowest price paid per share (pence per share): 179.0000
Highest price paid per share (pence per share): 182.6000
Volume weighted average price paid per share (pence per share): 181.7292
This announcement is prepared on a trade basis. It is expected that the shares
purchased will be delivered to the Company within two working days. The total
voting rights referred to below is prepared on a settlement basis.
Following the above, the Company will have 393,468,408 ordinary shares of
US$0.10 each in issue, of which 4,732,834 ordinary shares are held in
treasury. Therefore, the total number of ordinary shares carrying voting
rights will be 388,735,574.
The above figure of 388,735,574 may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the table below contains detailed information of the
individual trades made by Peel Hunt LLP as part of the Buyback Programme.
Aggregate daily information
Trading Venue Volume-weighted average price per share (pence) Aggregated volume Lowest price per share Highest price per share
AIM (AIMX) 181.7349 417,512 179.00 182.60
Aquis (AQXE) 179.6204 452 179.60 180.00
Turquoise (TRQX) 181.5287 7,279 179.60 182.40
Total 181.7292 425,243 179.00 182.60
Individual transactions:
Time of transaction Price Number of shares purchased Exchange Venue
(pence per share)
08:48:46 180.6 2,044 AIMX
08:49:06 180.1 2,466 AIMX
08:50:49 180.0 2,184 AIMX
08:50:56 179.1 429 AIMX
08:52:49 179.1 1,700 AIMX
08:55:52 179.0 30 AIMX
08:56:06 179.0 2,333 AIMX
09:04:15 179.5 872 AIMX
09:04:16 179.5 1,176 AIMX
09:10:51 179.1 282 AIMX
09:10:51 179.1 1,794 AIMX
09:11:30 179.6 429 AQXE
09:11:30 179.6 1,082 TRQX
09:11:30 179.6 347 TRQX
09:11:30 179.6 369 TRQX
09:25:50 179.7 971 AIMX
09:27:35 180.0 23 AQXE
09:34:05 180.0 2,463 AIMX
09:34:06 179.6 2,292 AIMX
09:34:30 179.7 1,372 AIMX
09:35:06 180.0 50,000 AIMX
09:35:30 179.7 694 AIMX
09:41:28 179.7 81 AIMX
10:02:09 179.7 1,422 AIMX
10:02:09 179.7 654 AIMX
10:22:52 179.8 325 AIMX
10:31:24 179.8 494 AIMX
11:08:02 180.1 44 AIMX
11:42:22 180.2 44 AIMX
12:08:00 180.3 2,120 AIMX
12:08:00 180.3 56 AIMX
12:20:03 180.2 44 AIMX
12:20:03 180.2 1,866 AIMX
12:20:03 180.2 234 AIMX
12:36:14 180.2 1,382 AIMX
12:43:29 180.2 632 AIMX
13:06:52 180.9 51 TRQX
13:07:00 181.0 1,982 AIMX
13:08:10 181.0 271 AIMX
13:22:45 181.8 1,500 AIMX
13:22:45 181.8 871 AIMX
13:26:54 181.4 2,413 AIMX
13:27:30 181.3 1,622 AIMX
13:39:22 182.0 2,427 TRQX
13:43:05 181.4 2,463 AIMX
13:43:36 181.6 100,000 AIMX
14:17:33 181.4 15 AIMX
14:21:48 181.8 2,167 AIMX
14:38:08 181.9 2,238 AIMX
14:45:36 182.0 1,173 AIMX
14:45:36 182.0 28 AIMX
14:47:21 182.0 918 AIMX
15:00:34 182.1 2,178 AIMX
15:10:13 182.1 868 TRQX
15:32:48 182.2 121 AIMX
15:32:48 182.2 2 AIMX
15:32:48 182.2 42 AIMX
15:33:10 182.2 1,000 AIMX
15:33:10 182.2 1,176 AIMX
15:34:08 182.0 2,111 AIMX
15:34:10 182.0 280 AIMX
15:34:10 182.0 53 AIMX
15:34:10 182.0 1 AIMX
15:34:10 182.0 43 AIMX
15:34:10 182.0 388 AIMX
15:34:10 182.0 8 AIMX
15:34:53 182.0 1,422 AIMX
15:39:20 182.2 2,062 AIMX
15:39:56 182.2 2,345 AIMX
15:50:50 182.5 2,463 AIMX
15:51:20 182.5 2,440 AIMX
15:52:30 182.4 925 TRQX
15:52:30 182.4 1,210 TRQX
15:59:55 182.6 50,000 AIMX
16:06:30 182.5 149,216 AIMX
Enquiries:
Serica Energy plc +44 (0)20 7390 0230
David Latin (Chairman and Interim CEO) / Martin Copeland (CFO) / Stephen
Lambert (VP Legal and External Relations)
Peel Hunt (Nomad & Joint Broker) +44 (0)20 7418 8900
Richard Crichton / David McKeown / Georgia Langoulant
Jefferies (Joint Broker) +44 (0)20 7029 8000
Sam Barnett / Will Soutar
Vigo Consulting (PR Advisor) +44 (0)20 7390 0230
Patrick d'Ancona / Finlay Thomson serica@vigoconsulting.com
NOTES TO EDITORS
Serica Energy is a British independent oil and gas exploration and production
company with a portfolio of UKCS assets.
Serica has a balance of gas and oil production. The Company is responsible for
about 5% of the natural gas produced in the UK, a key element in the UK's
energy transition.
Serica's producing assets are focused around two main hubs: the Bruce, Keith
and Rhum fields in the UK Northern North Sea, which it operates, and a mix of
operated and non-operated fields tied back to the Triton FPSO. Serica also has
operated interests in the producing Columbus (UK Central North Sea) and
Orlando (UK Northern North Sea) fields and a non-operated interest in the
producing Erskine field in the UK Central North Sea.
Serica has a two-pronged strategy for growth comprising investment in its
existing portfolio and M&A.
Further information on the Company can be found at www.serica-energy.com
(http://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.
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