03:00 Tue 14 Jul 2020
Serinus Energy PLC - Issue of Salary Sacrifice Shares
Press Release
Issue of Salary Sacrifice Shares -
Jersey,
The details are as follow:
| Director | Number of Salary Sacrifice Shares | Total number of ordinary shares now held in the Company | Percentage interest in the Company's Ordinary Shares |
| | 236,254 | 258,451 | 0.108% |
| | 168,753 | 168,753 | 0.071% |
Application has been made to the
Following the issue of the New Ordinary Shares, the Company will have 239,286,292 Ordinary Shares in issue (the "Issued Ordinary Share Capital") with no shares held in treasury. This is the total number of voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
About Serinus
Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in
For further information, please refer to the Serinus website (www.serinusenergy.com) or contact the following:
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| (Nominated Adviser and Joint Broker) Lydia Zychowska | +44 (0)20 7220 1666 |
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| Arden (Joint Broker) | +44 (0) 20 7614 5900 |
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| Camarco (Financial PR - | +44 (0) 20 3781 8334 |
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| TBT i Wspólnicy (Financial PR - Katarzyna Terej | +48 22 487 53 02 |
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.
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| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | | |
| 2 | Reason for the notification | |
| a) | Position/status | CEO |
| b) | Initial notification/ Amendment | Initial Notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | | |
| 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
JE00BF4N9R98 |
| b) | Nature of the transactions | Issue of new equity |
| c) | Price(s) and volume(s) | 236,254 shares at |
| d) | Aggregated information - Aggregated volume - Price |
236,254 |
| e) | Date of the transaction | |
| f) | Place of the transaction | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | | |
| 2 | Reason for the notification | |
| a) | Position/status | CFO |
| b) | Initial notification/ Amendment | Initial Notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | | |
| 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
JE00BF4N9R98 |
| b) | Nature of the transactions | Issue of new equity |
| c) | Price(s) and volume(s) | 168,753 shares at |
| d) | Aggregated information - Aggregated volume - Price |
168,753 |
| e) | Date of the transaction | |
| f) | Place of the transaction | |
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