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Serica Energy plc: Share purchase by Directors

LONDON, UNITED KINGDOM -- (Marketwired) -- 05/14/14 -- Serica Energy plc (TSX: SQZ) (LSE: SQZ)

TSX: SQZ; LSE: SQZ

Serica Energy plc
("Serica" or the "Company")

Share purchase by Directors

Serica Energy plc (TSX: SQZ; AIM: SQZ) announces that the Trustees of the Serica Energy Share Incentive Plan ("the Plan") have made purchases of and allocated Serica shares under the terms of the Plan on behalf of employees and officers of the Company as a result of which certain directors increased their beneficial shareholdings in the Company by a total of 8,184 shares on 13 May 2014, as follows:

Christopher Hearne (Finance Director) acquired 4,092 ordinary shares at an average price of 11 pence per share taking his total beneficial shareholding to 1,104,942 shares representing 0.44 % of the voting rights;

Mitchell Flegg (Chief Operating Officer) acquired 4,092 ordinary shares at an average price of 11 pence per share taking his total beneficial shareholding to 354,789 shares representing 0.14% of the voting rights.

The Company has 250,179,040 shares issued and outstanding.

14 May 2014

Serica Energy plc

Tony Craven            tony.cra[email protected]+44 (0)20 7487
Walker, Chairman                                          7300& Interim CEO

Mitch Flegg, COO       [email protected]      +44 (0)20 7487
                                                          7300
Chris Hearne, CFO      [email protected]
                                                          +44 (0)20 7487
                                                          7300

Peel Hunt

Richard Crichton       [email protected]      +44 (0)20 7418
                                                          8900

Charles Batten         [email protected]        +44 (0)20 7418
                                                          8900

RBC Capital
Markets

Matthew Coakes         [email protected]           +44 (0)20 7653
                                                          4000

Daniel Conti           [email protected]             +44 (0)20 7653
                                                          4000

Instinctif
Partners

David Simonson         [email protected]      +44 (0)20 7457
                                                          2020

Catherine Wickman      [email protected]   +44 (0)20 7457
                                                          2020

To receive Company news releases via email, please contact [email protected] and specify "Serica press releases" in the subject line.

This information is provided by RNS
The company news service from the London Stock Exchange

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