Serinus Energy PLC Director Dealing - Issue of Stock Options (3924A)

TIDMSENX

RNS Number : 3924A

Serinus Energy PLC

29 May 2019

SERINUS ENERGY PLC

Director Dealing - Issue of Stock Options

Jersey, Channel Islands, 29 May 2019 -- Serinus Energy plc ("Serinus", "SEN" or the "Company") (AIM:SENX, WSE:SEN), announces that the Company's Board of Directors have approved the granting of 1,000,000 stock options to Mr. Jeffrey Auld, President and Chief Executive Officer of the Company, at a strike price of GBP0.13 per share option.

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:

   Serinus Energy plc                                                     [phone] 

Jeffrey Auld, Chief Executive Officer

Calvin Brackman, Vice President, External Relations & Strategy

   Numis Securities Limited                                           [phone] 

(Nominated Adviser and Joint Broker)

John Prior

Paul Gillam

Emily Morris

   GMP FirstEnergy                                                        [phone] 

(Joint Broker)

Hugh Sanderson

Jonathan Wright

   Camarco                                                                    [phone] 

(Financial PR - London)

Billy Clegg

Owen Roberts

   TBT i Wspólnicy                                                         [phone] 

(Financial PR - Warsaw)

Piotr Talarek

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated Reason for the notification 
 a)   Name                                   Jeffrey Auld 
     -------------------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------- 
 a)   Position/status                        Jeffrey Auld (Chief Executive Officer) 
     -------------------------------------  ---------------------------------------------- 
 b)   Initial notification                    Initial Notification 
       /Amendment 
     -------------------------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------- 
 a)   Name                                     Serinus Energy Plc 
     ---------------------------------------  -------------------------------------------- 
 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,                      Ordinary Shares of no par value 
       type of instrument 
 
                                                  JE00BF4N9R98 
       Identification code 
     ---------------------------------------  ---------------------------------------------- 
 b)   Nature of the transaction                Grant of options to senior executives 
     ---------------------------------------  ---------------------------------------------- 
 c)   Price(s) and 
       volume(s)                      PDMR            Volume      Strike price (GBP) 
                                      Jeffrey Auld    1,000,000         0.1300 
                                                     ----------  ------------------- 
     ---------------------------  ---------------------------------------------------------- 
 d)     Aggregated                       PDMR            Volume      Total aggregate 
         information                                                   value at strike 
                                                                       price (GBP) 
          *    Aggregated volume          Jeffrey Auld    1,000,000            130,000 
                                                         ----------  ----------------- 
 
 
          *    Price 
     ---------------------------  ---------------------------------------------------------- 
 e)   Date of the                  27 May 2019 
       transaction 
     ---------------------------  ---------------------------------------------------------- 
 f)   Place of the                 Off Market 
       transaction 
     ---------------------------  ---------------------------------------------------------- 
 
 

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May 29, 2019 02:00 ET (06:00 GMT)