Serinus Energy PLC Director/PDMR Shareholding (3063A)

TIDMSENX

RNS Number : 3063A

Serinus Energy PLC

01 June 2021

1 June 2021

Press Release

Director/PDMR Purchase of Shares

Jersey, Channel Islands, 1 June 2021 -- Serinus Energy plc ("the Company") has been informed that James Causgrove , a director of the Company, purchased an aggregate of 400,000 Ordinary Shares in the Company at an average price of 2.55 pence per Ordinary Share. Following the purchase, Mr. Causgrove's total shareholding in the Company comprises 400,000 Ordinary Shares, representing 0.035% per cent of the Issued Share Capital of the Company.

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 
  Jeffrey Auld, Chief Executive Officer 
  Andrew Fairclough, Chief Financial Officer 
  Calvin Brackman, Vice President, External 
  Relations & Strategy                            [phone] 
 
 A rden Partners plc (Nominated Adviser & 
  Joint Broker) 
  Paul Shackleton / Dan Gee-Summons (Corporate 
  Finance) 
  Tim Dainton (Equity Sales)                       [phone] 
 Shore Capital Stockbrokers Limited (Joint 
  Broker) 
  Toby Gibbs / John More (Corporate Advisory) 
  Jerry Keen (Corporate Broking)                   [phone] 
 
 Camarco (Financial PR - London) 
  Owen Roberts 
  Phoebe Pugh                                      [phone] 
 
 TBT i Wspólnicy (Financial PR - Warsaw) 
  Katarzyna Terej                                   [phone] 
 

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.

 
 1    Det ails of the person discharging m anagerial responsibilities 
       / person closely associated Reason for the notification 
 a)   Name                             James Causgrove 
     -------------------------------  ---------------------------------------------- 
 2    Re ason for the notification 
     ------------------------------------------------------------------------------- 
 a)   Position/status                  Director of the Company 
     -------------------------------  ---------------------------------------------- 
 b)   I nitial notification             Initial Notification 
       /Amendment 
     -------------------------------  ---------------------------------------------- 
 3    Det ails of the issuer, e mission allow ance m a rket participant, 
       auct ion plat for m, auctioneer or auc tion monitor 
     ------------------------------------------------------------------------------- 
 a)   Na me                              Serinus Energy Plc 
     ---------------------------------  -------------------------------------------- 
 b)   L E I                              549300W183KUX62DVI32 
     ---------------------------------  -------------------------------------------- 
 4    Det ails of the t ransact ion(s): section to be re p eated 
       for ( i) e a ch type of instrum ent; (ii) each type of transac 
       tion; (iii) each date; and (iv) each place where transactions 
       have been conducted 
     --------------------------------------------------------------------------------- 
 a)   De scription of the 
       financial instrument,                Ordinary Shares of no par value 
       t ype of instrument 
 
 
       I d e ntification                    JE00BF4N9R98 
       code 
     ---------------------------------  ---------------------------------------------- 
 b)   Na ture of the transa              Purchase of Ordinary Shares 
       ction 
     ---------------------------------  ---------------------------------------------- 
 c)   Price(s) and 
       volume (s)               PDMR              Volume    Strike price (GBP) 
                                James Causgrove   400,000       GBP0.0255 
                                                 --------  ------------------- 
     ---------------------  ---------------------------------------------------------- 
 d)     A ggr e g                  PDMR              Volume    Total aggregate 
         ated in formation                                       value at strike 
                                                                 price (GBP) 
         - A ggr e                  James Causgrove   400,000      GBP10,200 
         g ated volume                               --------  ----------------- 
 
         - Price 
     ---------------------  ---------------------------------------------------------- 
 e)   Date of the            28 May 2021 
       transaction 
     ---------------------  ---------------------------------------------------------- 
 f)   Place of the           AIM 
       transaction 
     ---------------------  ---------------------------------------------------------- 
 
 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHFFFFIEIILVIL

(END) Dow Jones Newswires

June 01, 2021 02:00 ET (06:00 GMT)