REG - Serinus Energy PLC - Transaction in Own Shares

Serinus EnergyAnnouncement

17/12/2021 07:00

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RNS Number : 9608V  Serinus Energy PLC  17 December 2021

17 December 2021

 

Press Release

Transaction in Own Shares

Jersey, Channel Islands, 17 December 2021 -- Serinus Energy plc ("Serinus" or
the "Company") (AIM:SENX, WSE:SEN) announces that on 16 December 2021 it has
purchased, in accordance with the authority granted by shareholders at the
2021 Annual General Meeting, a total of 750,000 of its ordinary shares of nil
par value at an average price paid per share of 1.525 pence per share.

Following the purchase of these shares, the Company holds 3,750,000 of its
ordinary shares in treasury and has 1,136,910,729 ordinary shares in issue
(excluding treasury shares).

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                                                      +44 204 541 7859

 Jeffrey Auld, Chief Executive Officer

 Andrew Fairclough, Chief Financial Officer

 Calvin Brackman, Vice President, External Relations & Strategy
 Arden Partners plc (Nominated Adviser & Joint Broker)                   +44 207 614 5900

 Paul Shackleton (Corporate Finance)

 Tim Dainton (Equity Sales)
 Shore Capital Stockbrokers Limited (Joint Broker)                       +44 207 408 4090

 Toby Gibbs / John More (Corporate Advisory)

 George Fraser (Equity Sales)
 Camarco (Financial PR - London)                                         +44 203 781 8334

 Owen Roberts

 Phoebe Pugh
 TBT i Wspólnicy (Financial PR - Warsaw)                                 +48 602 214 353

 Katarzyna Terej

Forward Looking Statement Disclaimer

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.

 

Translation: This news release has been translated into Polish from the
English original.

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