Transaction in Own Shares

Serica Energy PLC
19 June 2024
 

Serica Energy plc

("Serica" or the "Company")

Transaction in Own Shares

 

London, 19 June 2024 - Serica Energy plc (the "Company") (AIM: SQZ) announces that on 18 June 2024, it purchased 254,229 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:

18 June 2024

Aggregate number of ordinary shares purchased:

254,229

Lowest price paid per share (pence per share):

152.00

Highest price paid per share (pence per share):

157.10   

Volume weighted average price paid per share (pence per share):

155.4055 

 

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 2,266,888 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 391,201,520.

 

The above figure of 391,201,520 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)

 155.4055

 254,229

152.00

157.10

 

 

             



 

Individual transactions

 

Time of transaction

Price

(pence per share)

 

Number of shares purchased

Exchange Venue

08:51:42

152.7

 35,994

AIMX

11:04:00

152.0

 14,006

AIMX

13:22:34

154.0

 28

AIMX

13:23:37

154.0

 1,195

AIMX

13:24:03

154.0

 29

AIMX

13:24:14

154.0

 806

AIMX

13:27:44

154.1

 1,000

AIMX

13:27:44

154.2

 2,387

AIMX

13:28:01

154.3

 2,239

AIMX

13:28:19

154.4

 440

AIMX

13:28:22

154.5

 2,091

AIMX

13:28:25

154.5

 267

AIMX

13:28:28

154.6

 2,209

AIMX

13:31:42

154.5

 12

AIMX

13:31:42

154.5

 21

AIMX

13:33:34

154.5

 407

AIMX

13:33:34

154.5

 1,640

AIMX

13:34:38

154.4

 2,476

AIMX

13:45:18

154.4

 420

AIMX

13:46:00

154.6

 2,051

AIMX

13:51:27

154.3

 26

AIMX

13:52:01

154.3

 16

AIMX

13:52:17

154.3

 22

AIMX

13:56:25

154.6

 1,195

AIMX

13:58:47

154.6

 1,167

AIMX

14:17:22

154.9

 467

AIMX

14:17:22

154.9

 1,839

AIMX

14:17:38

155.1

 2,113

AIMX

14:19:35

155.0

 2,501

AIMX

14:37:44

156.1

 20,170

AIMX

14:55:41

150.1

 1,053

AIMX

14:41:40

155.7

 2,059

AIMX

14:41:40

155.8

 2,339

AIMX

14:47:14

156.2

 1,195

AIMX

14:49:21

157.1

 1,612

AIMX

14:49:21

157.1

 676

AIMX

14:49:22

157.0

 2,471

AIMX

14:54:49

157.1

 2,312

AIMX

14:55:28

156.9

 494

AIMX

14:56:03

157.0

 494

AIMX

14:56:15

157.1

 612

AIMX

14:56:45

156.8

 724

AIMX

14:56:46

156.9

 890

AIMX

14:56:51

156.9

 1,229

AIMX

14:58:03

156.7

 2,240

AIMX

15:16:48

156.0

 18,570

AIMX

15:17:08

156.0

 1,430

AIMX

15:26:38

155.5

 325

AIMX

15:32:49

156.7

 75,113

AIMX

15:43:37

156.0

 9,975

AIMX

15:43:40

156.0

 298

AIMX

15:43:40

156.0

 9,402

AIMX

15:48:09

155.5

 52

AIMX

15:50:21

155.5

 225

AIMX

16:05:26

155.7

 2,168

AIMX

16:06:38

155.3

 119

AIMX

16:06:38

155.3

 1,961

AIMX

16:11:01

156.0

 10,491

AIMX

16:11:01

156.0

 1,200

AIMX

16:11:01

156.0

 2,696

AIMX

16:11:01

156.0

 34

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.

 

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