Director/PDMR Shareholding

By

Regulatory News | 14 Jul, 2022

Updated : 07:00

RNS Number : 4140S
Serinus Energy PLC
14 July 2022
 

14 July 2022

 

Press Release

Director/PDMR Purchase of Shares

Jersey, Channel Islands, 14 July 2022 -- Serinus Energy plc ("the Company") has been informed that Jeffrey Auld, Chief Executive Officer of the Company, purchased on 13 July 2022 an aggregate of 98,000 Ordinary Shares in the Company at an average price of 9.2 pence per Ordinary Share. Following the purchase, Mr. Auld's total shareholding in the Company comprises 488,875 Ordinary Shares, representing 0.4286% 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

Andrew Fairclough, Chief Financial Officer

Calvin Brackman, Vice President, External Relations & Strategy

 

+44 204 541 7859

Shore Capital (Nominated Adviser & Joint Broker)

Toby Gibbs / John More (Corporate Advisory)

 

+44 207 408 4090

Arden Partners plc (Joint Broker)

Ruari McGirr (Corporate Finance)

Alexandra Campbell-Harris (Corporate Finance)

 

+44 207 614 5900

Camarco (Financial PR - London)

Owen Roberts

Phoebe Pugh

 

+44 203 781 8334

TBT i Wspólnicy (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

 

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

 

 

 

 JE00BNNMKT29

b)

Nature of the transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

 

  

PDMR

Volume

Strike price (GBP)

Jeffrey Auld

98,000

£0.092

 

 

d)

Aggregated information

 

-   Aggregated volume

 

-       Price

 

PDMR

Volume

Total aggregate value at strike price (GBP)

Jeffrey Auld

98,000

£9,016

e)

Date of the transaction

13 July 2022

f)

Place of the transaction

London Stock Exchange (XLON); AIM

 

 

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