Issuance of Stock Options

RNS Number : 1631C

Serinus Energy PLC

13 June 2019

 

SERINUS ENERGY PLC

Issuance of Stock Options

Jersey, Channel Islands, June 13, 2019 -- Serinus Energy plc ("Serinus", "SEN" or the "Company") (AIM:SENX, WSE:SEN), announces that the Company's Board of Directors have approved the granting of 1,000,000 stock options to Mr. Judicael Tinss, newly appointed Chief Operating Officer of the Company, at a strike price of £0.12 per share option.

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                                                                                 [phone]
Jeffrey Auld, Chief Executive Officer
Calvin Brackman, Vice President, External Relations & Strategy

Numis Securities Limited                                                                       [phone]
(Nominated Adviser and Joint Broker)
John Prior
Paul Gillam
Ben Stoop

GMP FirstEnergy                                                                                     [phone]
(Joint Broker)
Hugh Sanderson
Jonathan Wright

Camarco                                                                                                  [phone]
(Financial PR)
Billy Clegg
Owen Roberts

TBT i Wspólnicy                                                                                       [phone] 

(Financial PR - Warsaw)

Piotr Talarek

Forward Looking Statement Disclaimer

This news release includes forward looking information and statements within the meaning of securities laws. Such statements relate to the Corporation's or management's objectives, projections, estimates, expectations, or predictions of the future and can be identified by words such as "plans", "assumes", "will", "anticipate" and "may" or variations of such words. These statements are based on certain assumptions and analyses by the Corporation that reflect its experience and understanding of future developments. Such statements are subject to a number of uncertainties, including, but not limited to, continued listing on the Warsaw Stock Exchange and AIM, the Corporation's ability to realize the anticipated benefits of the delisting and other factors identified in the Corporation's filings with regulatory authorities in Canada. Many of these uncertainties are beyond the Corporation's control and, therefore, may cause actual actions or results to differ from those expressed or implied herein. The Corporation disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, unless required by law.

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

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated Reason for the notification
a)	Name		Judicael Tinss
2	Reason for the notification
a)	Position/status		Chief Operating Officer
b)	Initial notification /Amendment		Initial Notification
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Serinus Energy Plc
b)	LEI			549300W183KUX62DVI32
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of  the financial instrument, type of instrument Identification code			Ordinary Shares of no par value   JE00BF4N9R98
b)	Nature of the transaction			Grant of options to senior executive
c)	Price(s) and volume(s)	PDMR Volume Strike price (GBP) Judicael Tinss 1,000,000 0.12
d)	Aggregated information -         Aggregated volume   -        Price	PDMR Volume Total aggregate value at strike price (GBP) Judicael Tinss 1,000,000 120,000
e)	Date of the transaction	12 June 2019
f)	Place of the transaction	Off Market

 

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