Director/PDMR Purchase of Shares

Serinus Energy PLC

16 August 2023

 

16 August 2023

Press Release

Director/PDMR Purchase of Shares

Jersey, Channel Islands, 16 August 2023 -- Serinus Energy plc ("the Company") has been informed that Jeffrey Auld, Chief Executive Officer of the Company, purchased on 15 August 2023 an aggregate of 250,000 Ordinary Shares in the Company at an average price of 1.95 pence per Ordinary Share. Following the purchase, Mr. Auld's total shareholding in the Company comprises 738,875 Ordinary Shares, representing 0.6478% per cent of the Issued Share Capital of the Company.

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 Lucy Bowden	[phone]
Camarco (Financial PR - London) Owen Roberts	[phone]
TBT i Wspólnicy (Financial PR - Warsaw) Katarzyna Terej	[phone]

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

Forward-looking Statements 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.

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated Reason for the notification
a)	Name		Jeffrey Auld
2	Reason for the notification
a)	Position/status		Chief Executive 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			Purchase of Ordinary Shares
c)	Price(s) and volume(s)	PDMR Volume Strike price (GBP) Jeffrey Auld 250,000 £0.0195
d)	Aggregated information -         Aggregated volume -       Price	PDMR Volume Total aggregate value at strike price (GBP) Jeffrey Auld 250,000 £4,875
e)	Date of the transaction	15 August 2023
f)	Place of the transaction	AIM

 

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