Share Purchase by Directors

RNS Number : 5136I

Serica Energy plc

15 June 2011

 



Serica Energy plc

("Serica" or the "Company")

Share Purchase by Directors

Serica Energy plc (TSX: SQZ; AIM: SQZ) announces that the Trustees of the Serica Energy 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 2,808 shares on 13 June 2011, as follows:

Christopher Hearne (Finance Director) acquired 1,404 ordinary shares at a price of 26.75 pence per share taking his total beneficial shareholding to 754,381 shares representing 0.43% of the voting rights;

Peter Sadler (Business Development Director) acquired 1,404 ordinary shares at a price of 26.75 pence per share taking his total beneficial shareholding to 95,921 shares representing 0.05% of the voting rights.

The Company has 176,660,311 shares issued and outstanding.

 15 June 2011

Serica Energy plc
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]
Simon Whitehead	[e-mail]	[phone]

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