18 August 2023
Press Release
Director/PDMR Purchase of Shares
Jersey, Channel Islands, 18 August 2023 -- Serinus Energy plc ("the Company") has been informed that James Causgrove, an Independent Director, purchased on 17 August 2023 an aggregate of 250,000 Ordinary Shares in the Company at an average price of 2.20 pence per Ordinary Share. Following the purchase, Mr. Causgrove's total shareholding in the Company comprises 290,000 Ordinary Shares, representing 0.2542% per cent of the Issued Share Capital of the Company.
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 | +44 204 541 7859 |
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Shore Capital (Nominated Adviser & Broker) Toby Gibbs Lucy Bowden
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+44 207 408 4090 |
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| Camarco (Financial PR - London) Owen Roberts | +44 203 781 8334 |
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| 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 | Details of the person discharging managerial responsibilities / person closely associated Reason for the notification |
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| a) | Name | James Causgrove |
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| 2 | Reason for the notification |
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| a) | Position/status | Independent Director |
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| b) | Initial notification /Amendment | Initial Notification
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| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a) | Name | Serinus Energy Plc |
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| b) | LEI | 549300W183KUX62DVI32 |
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| 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
Identification code |
Ordinary Shares of no par value
JE00BF4N9R98
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| b) | Nature of the transaction | Purchase of Ordinary Shares
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| c) | Price(s) and volume(s) |
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| d) | Aggregated information
- Aggregated volume
- Price |
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| e) | Date of the transaction | 17 August 2023 | |||||||||
| f) | Place of the transaction | AIM | |||||||||
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