Serica statement Parkmead1 Apr 2025 09:15
Acquisition of Parkmead announced in December, providing optionality regarding future projects and bringing with it carried forward tax loss balances. The deal is moving towards completion, with NSTA consent now received
· The Company continues to be very active in screening cash-generative and value accretive M&A opportunities in both the UK North Sea and other geographies. Serica will remain disciplined and will only conclude transactions with a demonstrable investment case and potential to deliver material value to shareholders