SERICA ENERGY PLC

Transaction in Own Shares • Apr 26, 2024

National Storage Mechanism | Additional information

RNS Number : 1199M

Serica Energy PLC

26 April 2024

Serica Energy plc

("Serica" or the "Company")

Transaction in Own Shares

London, 26 April 2024   - Serica Energy plc (the "Company") (AIM: SQZ) announces that on 25 April 2024, it purchased 78,273 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:	25 April 2024
Aggregate number of ordinary shares purchased:	78,273
Lowest price paid per share (pence per share):	197.0000
Highest price paid per share (pence per share):	203.4000
Volume weighted average price paid per share (pence per share):	201.4697

Aggregate information

Venue	Volume-weighted average price per share	Aggregated volume	Lowest price per share	Highest price per share
AIM (AIMX)	199.9676	267,149	197.0000	204.6000

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 purchase, the Company will have 393,468,408 ordinary shares of US$0.10 each in issue, of which 267,149 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 393,201,259.

The above figure of 393,201,259 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.

Schedule of Purchases:

Time of transaction	Price (pence per share)	Number of shares purchased	Exchange Venue
08:07:20	198.5	1348	AIMX
08:07:25	198.5	906	AIMX
08:07:32	198.4	2142	AIMX
08:07:37	198.0	2112	AIMX
08:07:45	197.0	411	AIMX
08:12:15	197.6	2080	AIMX
08:26:44	199.9	2036	AIMX
08:41:47	200.2	2269	AIMX
08:42:20	200.0	2283	AIMX
08:47:39	200.8	2057	AIMX
08:48:22	200.0	269	AIMX
08:49:13	200.0	533	AIMX
08:49:13	200.0	1301	AIMX
09:01:09	199.5	2387	AIMX
09:03:56	200.0	2357	AIMX
09:04:14	199.7	2430	AIMX
09:13:54	199.0	2416	AIMX
09:51:08	201.0	2343	AIMX
09:51:15	201.0	2367	AIMX
10:08:31	201.2	998	AIMX
10:08:31	201.2	1301	AIMX
10:10:26	201.2	1196	AIMX
10:10:26	201.2	1221	AIMX
10:16:26	201.4	2151	AIMX
10:17:52	201.0	1951	AIMX
10:17:52	201.0	408	AIMX
11:37:42	203.4	35000	AIMX

Enquiries:

Serica Energy plc	+44 (0)20 7390 0230
David Latin (Chairman and Interim CEO) / Martin Copeland (CFO) / Stephen Lambert (VP Legal and External Relations)
Peel Hunt (Nomad & Joint Broker)	+44 (0)20 7418 8900
Richard Crichton / David McKeown / Georgia Langoulant
Jefferies (Joint Broker)	+44 (0)20 7029 8000
Sam Barnett / Will Soutar
Vigo Consulting (PR Advisor)	+44 (0)20 7390 0230
Patrick d'Ancona / Finlay Thomson	serica@vigoconsulting.com

NOTES TO EDITORS

Serica Energy is a British independent oil and gas exploration and production company with a portfolio of UKCS assets.

Serica has a balance of gas and oil production. The Company is responsible for about 5% of the natural gas produced in the UK, a key element in the UK's energy transition.

Serica's producing assets are focused around two main hubs: the Bruce, Keith and Rhum fields in the UK Northern North Sea, which it operates, and a mix of operated and non-operated fields tied back to the Triton FPSO. Serica also has operated interests in the producing Columbus (UK Central North Sea) and Orlando (UK Northern North Sea) fields and a non-operated interest in the producing Erskine field in the UK Central North Sea.

Serica's has a two-pronged strategy for growth comprising investment in its existing portfolio and M&A.

Further information on the Company can be found at www.serica-energy.com . The Company's shares are traded on the AIM market of the London Stock Exchange under the ticker SQZ and the Company is a designated foreign issuer on the TSX. To receive Company news releases via email, please subscribe via the Company website.

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