Serica Energy
plc
("Serica" or the
"Company")
Transaction in Own
Shares
London, 24 June 2024 - Serica Energy plc (the
"Company") (AIM: SQZ) announces that on 21 June 2024, it
purchased 243,599 ordinary shares of
US$0.10 each in the Company on the London Stock Exchange through
Peel Hunt LLP, in accordance with the terms of its share buyback
programme announced on 24 April 2024 (the "Buyback Programme"). The
shares purchased will be held in treasury.
|
Name of issuer:
|
Serica
Energy plc
|
|
ISIN:
|
GB00B0CY5V57
|
|
Date of purchase:
|
21 June
2024
|
|
Aggregate number of ordinary shares
purchased:
|
243,599
|
|
Lowest price paid per share (pence
per share):
|
151.70
|
|
Highest price paid per share (pence
per share):
|
155.80
|
|
Volume weighted average price paid
per share (pence per share):
|
154.8626
|
This announcement is prepared on a
trade basis. It is expected that the shares purchased will be
delivered to the Company within two working days. The total voting
rights referred to below is prepared on a settlement
basis.
Following the above, the Company
will have 393,468,408 ordinary shares of US$0.10 each in issue, of
which 3,010,773 ordinary shares are held in treasury. Therefore,
the total number of ordinary shares carrying voting rights will be
390,457,635[1].
The above figure of 390,457,635 may
be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b)
of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the
table below contains detailed information of the individual trades
made by Peel Hunt LLP as part of the Buyback Programme.
Aggregate daily information
|
Venue
|
Volume-weighted average price per
share
|
Aggregated volume
|
Lowest price per share
|
Highest price per share
|
|
AIM (AIMX)
|
154.8636
|
236,886
|
151.70
|
155.80
|
|
Turquoise (TRQX)
|
154.8286
|
6,713
|
154.40
|
155.40
|
|
Total
|
154.8626
|
243,599
|
151.70
|
155.80
|
Individual transactions
|
Time
of transaction
|
Price
(pence per share)
|
Number of shares purchased
|
Exchange Venue
|
|
08:29:21
|
155.0
|
2,070
|
AIMX
|
|
08:31:01
|
153.6
|
160
|
AIMX
|
|
08:31:01
|
153.6
|
2,094
|
AIMX
|
|
08:35:01
|
152.9
|
2,478
|
AIMX
|
|
08:37:49
|
152.0
|
2,371
|
AIMX
|
|
08:53:01
|
151.7
|
2,481
|
AIMX
|
|
09:29:53
|
152.3
|
2,148
|
AIMX
|
|
09:44:45
|
153.5
|
1,272
|
AIMX
|
|
09:44:45
|
153.5
|
955
|
AIMX
|
|
09:44:45
|
153.6
|
800
|
AIMX
|
|
09:44:45
|
153.6
|
1,537
|
AIMX
|
|
10:15:44
|
153.3
|
2,108
|
AIMX
|
|
10:58:40
|
154.4
|
5,731
|
AIMX
|
|
10:58:40
|
154.4
|
2,196
|
TRQX
|
|
10:58:40
|
154.4
|
11,456
|
AIMX
|
|
10:58:40
|
154.4
|
2,813
|
AIMX
|
|
10:59:14
|
154.8
|
25,000
|
AIMX
|
|
11:19:25
|
154.2
|
2,272
|
AIMX
|
|
12:02:31
|
155.0
|
448
|
AIMX
|
|
12:02:31
|
155.0
|
3,293
|
AIMX
|
|
12:02:31
|
155.0
|
2,071
|
AIMX
|
|
12:02:42
|
155.0
|
512
|
AIMX
|
|
12:02:42
|
155.0
|
4,188
|
AIMX
|
|
12:02:42
|
155.0
|
1,608
|
AIMX
|
|
13:07:10
|
155.8
|
2,476
|
AIMX
|
|
13:07:18
|
155.4
|
1,781
|
TRQX
|
|
13:07:18
|
155.4
|
678
|
TRQX
|
|
13:07:18
|
155.4
|
8
|
TRQX
|
|
13:07:18
|
155.4
|
9,000
|
AIMX
|
|
13:07:18
|
155.4
|
1,000
|
AIMX
|
|
13:09:38
|
155.0
|
1
|
AIMX
|
|
13:21:41
|
155.0
|
1,462
|
AIMX
|
|
13:21:41
|
155.0
|
949
|
AIMX
|
|
13:28:05
|
154.7
|
2,265
|
AIMX
|
|
13:29:45
|
154.6
|
1,863
|
TRQX
|
|
13:29:45
|
154.6
|
187
|
TRQX
|
|
13:53:46
|
155.1
|
2,114
|
AIMX
|
|
13:53:46
|
155.0
|
2,190
|
AIMX
|
|
13:53:46
|
155.0
|
1,833
|
AIMX
|
|
13:53:46
|
155.0
|
304
|
AIMX
|
|
13:53:46
|
155.0
|
5,667
|
AIMX
|
|
13:53:46
|
155.0
|
6
|
AIMX
|
|
14:32:15
|
155.1
|
2,454
|
AIMX
|
|
14:41:40
|
155.1
|
2,257
|
AIMX
|
|
14:42:22
|
154.8
|
1,629
|
AIMX
|
|
14:42:22
|
154.8
|
438
|
AIMX
|
|
14:54:01
|
154.8
|
2,376
|
AIMX
|
|
15:06:05
|
155.5
|
50,000
|
AIMX
|
|
15:06:54
|
155.5
|
47,699
|
AIMX
|
|
15:48:29
|
153.8
|
18,192
|
AIMX
|
|
16:06:12
|
152.8
|
2,708
|
AIMX
|
Enquiries
|
Serica Energy plc
|
+44
(0)20 7390 0230
|
|
David Latin (Chairman and Interim
CEO) / Martin Copeland (CFO) / Stephen Lambert (VP Legal and
External Relations)
|
|
|
|
|
|
Peel
Hunt (Nomad & Joint Broker)
|
+44
(0)20 7418 8900
|
|
Richard Crichton / David McKeown /
Georgia Langoulant
|
|
|
|
|
|
Jefferies (Joint Broker)
|
+44
(0)20 7029 8000
|
|
Sam Barnett / Will Soutar
|
|
|
|
|
|
Vigo
Consulting (PR Advisor)
|
+44
(0)20 7390 0230
|
|
Patrick d'Ancona / Finlay
Thomson
|
serica@vigoconsulting.com
|
NOTES TO EDITORS
Serica Energy is a British
independent oil and gas exploration and production company with a
portfolio of UKCS assets.
Serica has a balance of gas and oil
production. The Company is responsible for about 5% of the natural
gas produced in the UK, a key element in the UK's energy
transition.
Serica's producing assets are
focused around two main hubs: the Bruce, Keith and Rhum fields in
the UK Northern North Sea, which it operates, and a mix of operated
and non-operated fields tied back to the Triton FPSO. Serica also
has operated interests in the producing Columbus (UK Central North
Sea) and Orlando (UK Northern North Sea) fields and a non-operated
interest in the producing Erskine field in the UK Central North
Sea.
Serica has a two-pronged strategy
for growth comprising investment in its existing portfolio and
M&A.
Further information on the Company
can be found at www.serica-energy.com.
The Company's shares are traded on
the AIM market of the London Stock Exchange under the ticker SQZ
and the Company is a designated foreign issuer on the TSX. To
receive Company news releases via email, please subscribe via the
Company website.