Last checked at 4 Dec 2018 17:00
SERINUS ENERGY PLC
Director Dealing - Issue of Stock Options
Jersey, Channel Islands, December 4, 2018 -- Serinus Energy plc ("Serinus", "SEN" or the "Company") (AIM:SENX, WSE:SEN), announces that the Company's Board of Directors have approved the granting of 6,203,000 stock options to senior executives and staff employees of the of the Company at a strike price of £0.1475 per share option. Certain persons discharging managerial responsibilities were recipients of stock option as detailed at the end of this announcement.
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 +1-403-264-8877
Jeffrey Auld, Chief Executive Officer
Calvin Brackman, Vice President, External Relations & Strategy
Numis Securities Limited +44 (0) 20 7260 1000
(Nominated Adviser and Joint Broker)
John Prior
Paul Gillam
Ben Stoop
GMP FirstEnergy +44 (0) 20 7448 0200
(Joint Broker)
Hugh Sanderson
Jonathan Wright
Camarco +44 (0) 20 3781 8334(Financial PR - London)Billy CleggOwen Roberts
TBT i Wspólnicy +48 22 487 53 02
(Financial PR - Warsaw)
Piotr Talarek
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 | Jeffrey Auld Tracy Heck Calvin Brackman Alexandra Damascan
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2 | Reason for the notification |
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a) | Position/status | Jeffrey Auld (Chief Executive Officer) Tracy Heck (Chief Financial Officer) Calvin Brackman (VP, External Relations & Strategy) Alexandra Damascan (President, Serinus Energy Romania)
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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 | Grant of options to senior executives
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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 | 03 December 2018 | ||||||||||||||||||
f) | Place of the transaction | Off Market | ||||||||||||||||||