27 June 2024
Press Release
Issue of Equity under 2023 LTIP
& Total Voting Rights
Jersey, Channel Islands, 27 June 2024 -
Serinus Energy plc (the "Company") reports that on 26
June 2023, Vlad Ryabov, CFO of the Company, was awarded 178,572
common shares of nil par value in the Company (the
"LTIP Shares") at nil cost under the
2023 LTIP due to achieving pre-determined goals under the LTIP.
Following this award, Vlad Ryabov now holds 178,572 common shares
of nil par value in the Company, representing approximately 0.16
per cent of the Issued Share Capital of the Company.
Application has been made to the
London Stock Exchange for the LTIP Shares to be admitted to trading
on AIM, with dealings expected to commence on 1 July 2024
("Admission").
Following Admission, the Company
will have a total of 114,887,648 Ordinary Shares in issue.
Shareholders may use this figure of 114,887,648 Ordinary Shares as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
The notifications below, made in
accordance with the requirements of the UK Market Abuse Regulation,
provide further detail on the above transaction.
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:
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Serinus Energy plc
Jeffrey Auld, Chief Executive
Officer
Calvin Brackman, Vice President,
External Relations & Strategy
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+44 204 541
7859
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Shore Capital (Nominated
Adviser & Broker)
Toby Gibbs
Lucy Bowden
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+44 207
408 4090
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Forward Looking Statement Disclaimer
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.
Translation: This news release has been
translated into Polish from the English original.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
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1
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Details of the person discharging managerial responsibilities
/ person closely associated
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a)
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Name
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Vlad Ryabov
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2
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Reason for the notification
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a)
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Position/status
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Chief Financial Officer
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b)
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Initial notification
/Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a)
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Name
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Serinus Energy plc
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b)
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LEI
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549300W183KUX62DVI32
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4
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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
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a)
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Description of the financial
instrument, type of instrument
Identification code
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Common shares of NPV
ISIN: JE00BNNMKT29
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b)
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Nature of the transaction
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Award of LTIP shares
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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Nil value
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178,572
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A - single transactions
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e)
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Date of the transaction
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26 June 2024
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f)
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Place of the transaction
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Off market
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