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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Serica Energy PLC | AQSE:SQZ.GB | Aquis Stock Exchange | Ordinary Share | GB00B0CY5V57 | Ordinary Shares Usd 10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-2.80 | -1.54% | 179.196 | 172.00 | 190.00 | 184.00 | 178.562 | 180.00 | 52,194 | 10:14:28 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSQZ
RNS Number : 4105N
Serica Energy PLC
22 September 2023
Serica Energy plc
("Serica" or the "Company")
Issue of Shares and Total Voting Rights
London, 22 September 2023 - Further to the announcement of completion of the acquisition of Tailwind Energy Investments Ltd on 23 March 2023, Serica Energy plc (AIM: SQZ) announces the issue to the Seller of 1,438,849 new ordinary shares of US$0.10 each in the capital of the Company. These new shares are the first tranche of the 2.9 million Consideration Shares[1] that are being issued in accordance with certain warranty provisions of the SPA.
Admission to Trading and Total Voting Rights
An application has been made to the London Stock Exchange for 1,438,849 new ordinary shares of US$0.10 each in the capital of the Company to be admitted to trading on AIM ("Admission"). It is expected that Admission will take place at 8.00 a.m. on or around 25 September 2023 and that dealings on AIM will commence at the same time. When issued, the new Consideration Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of US$0.10 each in the capital of the Company.
Following Admission, the Company will have 388,345,933 shares in issue. The Company does not currently hold any shares in treasury. Accordingly, the total number of voting rights will be 388,345,933.
Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the announcement of the Acquisition made by the Company on 20 December 2022.
Enquiries:
+44 (0)20 7390 Serica Energy plc 0230 Mitch Flegg (CEO) / Andy Bell (CFO) +44 (0)20 7418 Peel Hunt (Nomad & Joint Broker) 8900 Richard Crichton / David McKeown / Georgia Langoulant +44 (0)20 7029 Jefferies (Joint Broker) 8000 Tony White / Will Soutar +44 (0)20 7390 Vigo Consulting (PR Advisor) 0230 Patrick d'Ancona / Finlay Thomson serica@vigoconsulting.com
[1] As stated in the announcement of the Acquisition on 20 December 2022, the total number of Consideration Shares is up to 111,048,124 of which 108,170,426 were issued on completion.
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END
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(END) Dow Jones Newswires
September 22, 2023 09:16 ET (13:16 GMT)
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