Serica Energy plc Director/PDMR Shareholding (1840O)

TIDMSQZ

RNS Number : 1840O

Serica Energy plc

03 November 2016

Serica Energy plc ("Serica" or the "Company")

Director/PDMR Shareholding

London, 3 November 2016 - Serica Energy plc (AIM: SQZ) provides the following regulatory release:

Antony Craven Walker, Chairman and director of the Company, has notified the Company that, as a result of the death last year of his wife, Christine Elizabeth Walker, the beneficial interest in her pension plan has been ceded by the Trustees of the pension plan to their son in accordance with his late wife's wishes. Accordingly, Antony Craven Walker no longer has an interest in 472,222 ordinary shares of US$0.10 each in the Company ("Ordinary Shares") which were previously recorded as being held in the pension plan of his wife and aggregated with his own holdings. He retains an interest in the Company amounting to 7,357,694 Ordinary Shares, representing approximately 2.8 per cent. of the current total voting rights of the Company.

 
 Enquiries: 
 
  Serica Energy plc 
                                                              [phone] 
 Tony Craven Walker    [e-mail]     7300 
 Peel Hunt 
                                                              [phone] 
 Richard Crichton      [e-mail]           8900 
                                                              [phone] 
 Ross Allister         [e-mail]              8900 
 Instinctif 
                                                              +44 (0)7831 
 David Simonson        [e-mail]           347222 
                                                              [phone] 
 George Yeomans        [e-mail]           2020 
 

Further Information

Serica Energy is an oil and gas exploration and production company with exploration, development and production assets in the UK and exploration interests in the Atlantic margins offshore Ireland and West Africa. The Company is in partnership with other companies in its licences offshore UK, Ireland, Morocco and Namibia. Further information on the Company can be found at www.serica-energy.com.

The Company is listed on the AIM market of the London Stock Exchange under the ticker SQZ and is a designated foreign issuer as that term is defined under Canadian National Instrument 71-102 - Continuous Disclosure and Other Exemptions Relating to Foreign Issuers. To receive Company news releases via email, please contact [e-mail] and specify "Serica press releases" in the subject line.

Notification Details

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------------------------------------- 
 a.   Name                                                Tony Craven Walker 
---  --------------------------------------------------  --------------------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------------------------------------- 
 a.   Position/status                                     Executive Chairman 
---  --------------------------------------------------  --------------------------------------- 
 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                                    Ordinary shares of USD$0.10 
       instrument,                                         each 
       type of instrument                                  ISIN: GB00B0CY5V57 
       Identification 
       code 
---  --------------------------------------------------  --------------------------------------- 
 b.   Nature of the                                       Change of beneficiary in pension 
       transaction                                        plan following death of beneficiary 
---  --------------------------------------------------  --------------------------------------- 
 c.   Price(s) and                                         Price   Volume(s) 
       volume(s)                                             nil     472,222 
                                                           ------  ---------- 
---  --------------------------------------------------  --------------------------------------- 
 d.      Aggregated                                        N/A 
          information 
          Aggregated 
          volume 
          Price 
---  --------------------------------------------------  --------------------------------------- 
 e.   Date of the                                         2 November 2016 
       transaction 
---  --------------------------------------------------  --------------------------------------- 
 f.   Place of the                                        Not Applicable 
       transaction 
---  --------------------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 03, 2016 03:01 ET (07:01 GMT)