25 October 2024
Press Release
Issue of Shares, Directors'/PDMR
shareholdings and Total Voting Rights
Jersey, Channel Islands, 25 October 2024 -
Serinus Energy plc (the "Company") announces that on 23
October 2024, certain directors and senior managers were
collectively granted 6,065,781 ordinary shares of nil par value in
the capital of the Company (the "New Ordinary
Shares") under the Company's long
term incentive plan (the "Plan"). Following this, on 24
October 2024, 2,450,000 New Ordinary Shares were subsequently sold
at 2.8 pence per share to satisfy tax and National Insurance
liabilities arising due to the grant of the New Ordinary Shares
under the Plan.
An application has been made to the
London Stock Exchange for the New Ordinary Shares to be admitted to
trading on AIM, with dealings expected to commence on 29 October
2024 ("Admission").
Following Admission, each director
and PDMR's new shareholding are outlined in the table
below:
|
Director / Senior Manager
|
Position
|
New
shareholding
|
New
shareholding as a %
|
|
Jeffrey Auld
|
President & CEO
|
4,992,955
|
4.13%
|
|
Vladislav Ryabov
|
Chief Financial Officer
|
645,427
|
0.53%
|
|
Stuart Morrison
|
Chief Operating Officer
|
948,027
|
0.78%
|
Following Admission, the Company
will have a total of 120,953,430 Ordinary Shares in issue with no
Ordinary Shares held in Treasury. Shareholders may use this figure
of 120,953,430 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.
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
|
|
|
|
|
|
|
The notifications below,
made in accordance with the requirements of the UK
Market Abuse Regulation, provides further detail.
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
|
Jeffrey Auld
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
President and Chief Executive
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
Identification code
|
Ordinary Shares
ISIN: JE00BNNMKT29
|
|
b)
|
Nature of the transaction
|
1) Grant of New Ordinary
Shares under the Plan
2) Sale of New Ordinary
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
Price(s)
|
Volume(s)
|
|
1)
|
NPV
|
1,984,533
|
|
2)
|
2.8p
|
984,972
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transactions
|
|
e)
|
Date of the transaction
|
1) 23 October 2024
2) 24 October 2024
|
|
f)
|
Place of the transaction
|
AIMX
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Vladislav 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
Identification code
|
Ordinary Shares
ISIN: JE00BNNMKT29
|
|
b)
|
Nature of the transaction
|
1) Grant of New Ordinary
Shares under the Plan
2) Sale of New Ordinary
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
Price(s)
|
Volume(s)
|
|
1)
|
NPV
|
848,828
|
|
2)
|
2.8p
|
381,973
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transactions
|
|
e)
|
Date of the transaction
|
1) 23 October 2024
2) 24 October 2024
|
|
f)
|
Place of the transaction
|
AIMX
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Stuart Morrison
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Operating 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
Identification code
|
Ordinary Shares
ISIN: JE00BNNMKT29
|
|
b)
|
Nature of the transaction
|
1) Grant of New Ordinary
Shares under the Plan
2) Sale of New Ordinary
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
Price(s)
|
Volume(s)
|
|
1)
|
NPV
|
1,492,616
|
|
2)
|
2.8p
|
671,677
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
N/A - single transactions
|
|
e)
|
Date of the transaction
|
1) 23 October 2024
2) 24 October 2024
|
|
f)
|
Place of the transaction
|
AIMX
|