REG - Serinus Energy PLC - Director/PDMR Shareholding

Serinus EnergyAnnouncement

27/06/2024 07:00

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RNS Number : 0348U  Serinus Energy PLC  27 June 2024

27 June 2024

 

Press Release

Issue of Equity under 2023 LTIP & Total Voting Rights

Jersey, Channel Islands, 27 June 2024 - Serinus Energy plc (the "Company")
reports that on 26 June 2023, Vlad Ryabov, CFO of the Company, was awarded
178,572 common shares of nil par value in the Company (the "LTIP Shares") at
nil cost under the 2023 LTIP due to achieving pre-determined goals under the
LTIP. Following this award, Vlad Ryabov now holds 178,572 common shares of nil
par value in the Company, representing approximately 0.16 per cent of the
Issued Share Capital of the Company.

 

Application has been made to the London Stock Exchange for the LTIP Shares to
be admitted to trading on AIM, with dealings expected to commence on 1 July
2024 ("Admission").

 

Following Admission, the Company will have a total of 114,887,648 Ordinary
Shares in issue. Shareholders may use this figure of 114,887,648 Ordinary
Shares 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 share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

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

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

 Calvin Brackman, Vice President, External Relations & Strategy

 Shore Capital (Nominated Adviser & Broker)

 Toby Gibbs                                                           +44 207 408 4090

 Lucy Bowden

 

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.

 

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                                                         Vlad Ryabov

 2    Reason for the notification

 a)   Position/status                                              Chief Financial Officer

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Serinus Energy plc

 b)   LEI                                                          549300W183KUX62DVI32

 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 instrument, type of instrument  Common shares of NPV

      Identification code

                                                                   ISIN: JE00BNNMKT29
 b)   Nature of the transaction                                    Award of LTIP shares

 c)   Price(s) and volume(s)                                       Price(s)   Volume(s)

                                                                 Nil value  178,572

 d)   Aggregated information

      - Aggregated volume                                          N/A - single transactions

      - Price

 e)   Date of the transaction                                      26 June 2024

 f)   Place of the transaction                                     Off market

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

N/A - single transactions

 

e)

 

Date of the transaction

 

26 June 2024

f)

 

Place of the transaction

 

Off market

 

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