RNS Number : 2733R
Serinus Energy PLC
06 June 2024
 

06 June 2024

 

Press Release

Director/PDMR Shareholdings

Jersey, Channel Islands, 06 June 2024 -- Serinus Energy plc ("the Company") reports that its Chief Executive Officer, Jeffrey Auld, on 5 June 2024, sold 29,871 common shares in the Company ("Common Shares") at a price of 2.675 pence per share from a trading account that he has now closed and subsequently purchased 29,871 Common Shares at a price of 2.675 pence per share into a different trading account of his. Consequently, Jeffrey Auld's interest remains unchanged at 3,993,394 Common Shares, representing 3.48% per cent of the Issued Share Capital of the Company.

 

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

 

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



 

Shore Capital (Nominated Adviser & Broker)

Toby Gibbs

Lucy Bowden

 

+44 207 408 4090



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

a)

Name

Jeffrey Auld

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification

/Amendment

 Initial Notification

 

 

3

Details of the issueremission 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

 

 

Identification code

 

Ordinary Shares of no par value

 

 

 

 JE00BF4N9R98

 

b)

Nature of the transaction

Sale and repurchase of shares

 

c)

Price(s) and volume(s)

 

  

 

Strike price

Volume

Sale

2.675 pence per share

29,871

Purchase

2.675 pence per share

29,871

 

 

d)

Aggregated information

 

-         Aggregated volume

 

-       Price

 

N/A (single transaction)

e)

Date of the transaction

  05 June 2024

f)

Place of the transaction

AIMX





 

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