Last checked at 18 May 2020 18:00
For immediate release | 18 May 2020 |
Serica Energy plc
("Serica" or the "Company")
Director / PDMR Shareholding
London, 18 May 2020 - Serica Energy plc (AIM: SQZ) announces that today Malcolm Webb, non-executive director, purchased 18,290 ordinary shares in the Company at a purchase price of 108.80p per share.
Following this transaction Mr Webb is interested in 62,971 ordinary shares in the capital of the Company, representing 0.0235% of the Company's current issued share capital.
Enquiries:
Serica Energy plc | +44 (0)20 7457 2020 |
Tony Craven Walker, Executive Chairman |
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Mitch Flegg, CEO |
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Peel Hunt (Nomad & Joint Broker) | +44 (0)20 7418 8900 |
Richard Crichton / David McKeown / Alexander Allen |
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Jefferies (Joint Broker) | +44 (0)20 7029 8000 |
Tony White / Will Soutar |
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Instinctif Partners | +44 (0)20 7457 2020 / |
Mark Garraway / Sarah Hourahane / Dinara Shikhametova | +44 (0)7493 867 435 / +44 (0)7580 817 276 |
| serica@instinctif.com |
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NOTES TO EDITORS
Serica Energy is a British independent oil and gas exploration and production company with exploration, development and production assets in the UK and exploration interests offshore Namibia.
Serica is the operator of the producing Bruce, Keith and Rhum fields in the UK Northern North Sea, holding a 98% interest in the Bruce field, a 100% interest in the Keith field and a 50% interest in the Rhum field. .
Serica holds an 18% non-operated interest in the producing Erskine field in the UK Central North Sea and a 50% operated interest in the Columbus field for which development has been approved by the OGA and has commenced.
Further information on the Company can be found at www.serica-energy.com.
The Company's shares are traded on the AIM market of the London Stock Exchange under the ticker SQZ and the Company is a designated foreign issuer on the TSX. To receive Company news releases via email, please subscribe via the Company website.
The notifications below, made in accordance with the requirements of the Market Abuse Regulation, provide 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 | Malcolm Webb | |
2 | Reason for the notification | ||
a) | Position/status | Non-Executive Director
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b) | Initial notification/Amendment | Initial Notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Serica Energy plc | |
b) | LEI | 213800EZZOKA815VC426 | |
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 | Ordinary shares of US$0.10 per share par value | |
| Identification code | GB00B0CY5V57 | |
b) | Nature of the transaction | Purchase of shares | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
108.80p | 18,290 | ||
d) | Aggregated information | N/A (single transaction) | |
| Aggregated volume |
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| Price |
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e) | Date of the transaction | 18 May 2020 | |
f) | Place of the transaction | London Stock Exchange, AIM | |