Serica Energy Regulatory News (SQZ)

16 Dec 2005 07:01

Serica Energy plc16 December 2005 SERICA ENERGY PLC ("Serica" or the "Company") Selling Restrictions On 13 December 2005, the Company issued 67,368,421 new ordinary shares whichwere, together with the 75,180,159 existing ordinary shares of the Company,admitted to trading on the AIM market of the London Stock Exchange. Serica'sordinary shares are also quoted in Canada on the TSX-V Exchange. Due to Canadian re-sale restrictions, unless specifically permitted by Canadiansecurities legislation, the 67,368,421 new ordinary shares in the Company maynot be traded in Canada before 14 April 2006. In order to prevent any potentialbreach of Canadian securities legislation, Serica has instructed its UKregistrar not to transfer any ordinary shares in the Company from the UKregister to the Canadian register prior to 14 April 2006. Serica shareholders,however, may transfer ordinary shares in the Company from the Canadian registerto the UK register without restriction. 16 December 2005 Enquiries Serica Energy plcChris Hearne, Finance Director +44 (0) 20 7487 8252 This information is provided by RNS The company news service from the London Stock Exchange