Share Purchase by Directors

RNS Number : 3605K

Serica Energy plc

19 April 2010

 



Serica Energy plc

("Serica" or the "Company")

Share Purchase by Directors

Serica Energy plc (TSX Venture: SQZ; AIM: SQZ) announces that the trustees of the Serica Share Incentive Plan ("the Plan") have made purchases of Serica shares under the terms of the Plan on behalf of employees and officers of the Company as a result of which certain directors increased their beneficial shareholdings in the Company by a total of 9,888 shares on 16 April 2010, as follows:

Paul Ellis (Chief Executive) acquired 3,296 ordinary shares at a price of 91 pence per share taking his total beneficial shareholding to 874,211 shares representing 0.50% of the voting rights;

Chris Hearne (Finance Director) acquired 3,296 ordinary shares at a price of 91 pence per share taking his total beneficial shareholding to 735,967 shares representing 0.42% of the voting rights;

Peter Sadler (Chief Operating Officer) acquired 3,296 ordinary shares at a price of 91 pence per share taking his total beneficial shareholding to 24,211 shares representing 0.01% of the voting rights.

The Company has 176,570,311 voting ordinary shares issued and outstanding.

19 April 2010

Enquiries:

Serica Energy plc
Paul Ellis, CEO	[e-mail]	[phone]
Chris Hearne, CFO	[e-mail]	[phone]
J.P.Morgan Cazenove
Steve Baldwin	[e-mail]	[phone]
RBC Capital Markets
Josh Critchley	[e-mail]	[phone]
Matthew Coakes	[e-mail]	[phone]
CollegeHill
Nick Elwes	[e-mail]	[phone]
Simon Whitehead	[e-mail]	[phone]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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

 

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