Serica Energy Announces Transaction in Own Shares

Source: www.gulfoilandgas.com 5/17/2024, Location: Europe

Serica Energy plc (the "Company") announces that on 16 May 2024, it purchased 423,129 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: 16 May 2024
Aggregate number of ordinary shares purchased: 423,129
Lowest price paid per share (pence per share): 180.0000
Highest price paid per share (pence per share): 180.5000
Volume weighted average price paid per share (pence per share): 180.4642

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 4,307,591 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 389,160,817.

The above figure of 389,160,817 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.


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