Award of Share Options

RNS Number : 5232V

Serica Energy plc

13 January 2012

 



Serica Energy plc

("Serica" or the "Company")

Award of Share Options

London, 13 January 2012 - Serica Energy plc (TSX: SQZ; AIM: SQZ) announces that on Wednesday 11 January 2012, the following share option awards were made under the Company's Share Option Plan 2005 as amended:

Chris Hearne, CFO - 402,190

Peter Sadler, Business Development Director - 457,500

The exercise price for the awards is the middle market price of the Company's shares on AIM on 10 January 2012 which was 21.375p per ordinary share. The awards granted are subject to performance criteria and will first vest in three years and expire after ten years.

13 January 2012

Tony Craven Walker, Chairman	[e-mail]	[phone]
Chris Hearne, CFO	[e-mail]	[phone]
J.P.Morgan Cazenove
Patrick Magee	[e-mail]	[phone]
RBC Capital Markets
Josh Critchley	[e-mail]	[phone]
Matthew Coakes	[e-mail]	[phone]
College Hill
Nick Elwes	[e-mail]	[phone]

To receive Company news releases via email, please contact [e-mail] and specify "Serica press releases" in the subject line.

 

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