Serinus Energy PLC Transaction in Own Shares (5600C)

TIDMSENX

RNS Number : 5600C

Serinus Energy PLC

12 October 2022

12 October 2022

Press Release

Transaction in Own Shares

Jersey, Channel Islands, 12 October 2022 -- Serinus Energy plc ("Serinus" or the "Company") (AIM:SENX, WSE:SEN) announces that on 11 October 2022 it has purchased, in accordance with the authority granted by shareholders at the 2022 Annual General Meeting, a total of 50,000 of its ordinary shares of nil par value at an average price paid per share of 10.00 pence per share.

Following the purchase of these shares, the Company holds 2,864,986 of its ordinary shares in treasury and has 111,201,087 ordinary shares in issue (excluding treasury shares).

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] 
 
 
   Shore Capital (Nominated Adviser & Joint 
   Broker) 
   Toby Gibbs 
   John More                                       [phone] 
 A rden Partners plc (Joint Broker) 
  Ruari McGirr 
  Alexandra Campbell-Harris                        [phone] 
 
 Camarco (Financial PR - London) 
  Owen Roberts 
  Phoebe Pugh                                      [phone] 
 
 TBT i Wspólnicy (Financial PR - Warsaw) 
  Katarzyna Terej                                   [phone] 
 

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.

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

POSFFIEFFEESEES

(END) Dow Jones Newswires

October 12, 2022 02:00 ET (06:00 GMT)