Serica Energy plc
07 January 2008
For Immediate Release
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN, INTO, OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN OR
ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS NOT
AN OFFER OF SECURITIES IN THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN OR ANY
JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.
Serica Energy plc
('Serica' or the 'Company')
SERICA ANNOUNCES COMPLETION OF PLACING
London, 7 January 2008 - Serica Energy plc (AIM & TSX-V: SQZ) is pleased to
announce that, following the admission of a total of 24,770,354 new ordinary
shares to the AIM Market and the TSX-V in Canada today, the placing of new
ordinary shares is completed.
The new ordinary shares were placed with institutional and other investors on
behalf of the Company by JPMorgan Cazenove and Tristone Capital. Total funds
raised for the Company are approximately US$52 million before expenses.
Enquiries:
Serica Energy plc
Paul Ellis, paul.ellis@serica-energy.com +44 (0)20 7487 7300
Chief Executive Officer
Chris Hearne, chris.hearne@serica-energy.com +44 (0)20 7487 7300
Finance Director
JPMorgan Cazenove
Steve Baldwin steve.baldwin@jpmorgancazenove.com +44 (0)20 7588 2828
Tristone Capital Limited
Majid Shafiq mshafiq@tristonecapital.com +44 (0)20 7355 5872
Pelham Public Relations -UK
James Henderson james.henderson@pelhampr.com +44 (0)20 7743 6673
Alisdair Haythornthwaite alisdair.haythornthwaite@pelhampr.com +44 (0)20 7743 6676
CHF - Canada
Sarah Gingerich sarah@chfir.com +1 416 868 1079
Each of JPMorgan Cazenove and Tristone is acting exclusively for the Company as
joint underwriters and co-managers and no one else in relation to the offering
and will not be responsible to any other person (whether or not such person is
in receipt of this announcement) for providing the protections afforded to its
customers or for advising any other person in relation to the offering or any
transaction or arrangement referred to herein.
This announcement and the information contained herein is not for publication or
distribution to persons into or from the United States of America, Australia or
Japan or in any jurisdiction in which such publication or distribution is
unlawful.
The making of an offer (including the proposed offering) in certain
jurisdictions or to residents who are citizens of certain jurisdictions ('
Foreign Persons'), may be restricted by laws or regulations of the relevant
jurisdictions. Foreign Persons should inform themselves about and observe any
such applicable legal requirements in their respective jurisdiction.
This announcement does not constitute an offer to sell or issue, or constitute
the solicitation of an offer to acquire or buy, any ordinary shares to any
Foreign Persons to whom it is unlawful to make such offer or solicitation in
such jurisdiction.
The securities offered have not been, and will not be, registered under the
United States Securities Act of 1933, as amended (the 'Securities Act') or with
any securities regulatory authority of any State or other jurisdiction of the
United States and, accordingly, may not be offered or sold in the United States
unless registered under the Securities Act or pursuant to an exemption from such
registration. No regulatory authority has passed upon or endorsed the merits of
the offering of the securities or the accuracy or adequacy of this announcement.
Any representation to the contrary is a criminal offence in the United States.
The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.
To receive Company news releases via email, please contact sarah@chfir.com and
specify 'Serica press releases' in the subject line.
This information is provided by RNS
The company news service from the London Stock Exchange
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Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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