Director Resignation

Serinus Energy PLC

10 May 2023

 

10 May 2023

Press Release

Director Resignation

Jersey, Channel Islands, 10 May 2023 - Serinus Energy plc ("Serinus" or the "Company") (AIM:SENX, WSE:SEN) announces that Andrew Fairclough has informed the board of his decision to resign as Chief Financial Officer and as a Director of the Company.  Andrew will remain available to support a smooth transition and a search for a new CFO is underway.

Jeffrey Auld, Chief Executive Officer of Serinus, said: "Andrew has been a valued colleague and friend to myself and the management team over the past three years.  I would like to take this opportunity to thank him, on behalf of the Board and colleagues in Serinus, for his commitment and contribution during his time here and we wish him every success in the future".

Lukasz Redziniak, Chairman of the Board of Directors, added: "We are truly sorry to see Andrew leaving the Company given his commitment and important role played over the last three years. We wish him all the best in pursuing professional challenges in the future."

.About Serinus

Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.

For further information, please refer to the Serinus website (www.serinusenergy.com) or contact the following:

Serinus Energy plc Jeffrey Auld, Chief Executive Officer Calvin Brackman, Vice President, External Relations & Strategy	[phone]
Shore Capital (Nominated Adviser & Broker) Toby Gibbs John More Rachel Goldstein	[phone]
Camarco (Financial PR - London) Owen Roberts Charlotte Hollinshead	[phone]
TBT i Wspólnicy (Financial PR - Warsaw) Katarzyna Terej	[phone]

Forward Looking Statement Disclaimer

This release may contain forward-looking statements made as of the date of this announcement with respect to future activities that either are not or may not be historical facts. Although the Company believes that its expectations reflected in the forward-looking statements are reasonable as of the date hereof, any potential results suggested by such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.  Various factors that could impair or prevent the Company from completing the expected activities on its projects include that the Company's projects experience technical and mechanical problems, there are changes in product prices, failure to obtain regulatory approvals, the state of the national or international monetary, oil and gas, financial , political and economic markets in the jurisdictions where the Company operates and other risks not anticipated by the Company or disclosed in the Company's published material. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties, and actual results may vary materially from those expressed in the forward-looking statement. The Company undertakes no obligation to revise or update any forward-looking statements in this announcement to reflect events or circumstances after the date of this announcement, unless required by law.

Translation: This news release has been translated into Polish from the English original.

 

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