SERICA ENERGY PLC

Transaction in Own Shares • May 8, 2024

National Storage Mechanism | Additional information

RNS Number : 4988N

Serica Energy PLC

08 May 2024

Serica Energy plc

("Serica" or the "Company")

Transaction in Own Shares

London, 8 May 2024   - Serica Energy plc (the "Company") (AIM: SQZ) announces that on 7 May 2024, it purchased 381,119 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:	7 May 2024
Aggregate number of ordinary shares purchased:	381,119
Lowest price paid per share (pence per share):	183.6000
Highest price paid per share (pence per share):	187.7000
Volume weighted average price paid per share (pence per share):	184.8819

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 1,481,596 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 391,986,812.

The above figure of 391,986,812 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.

Aggregate daily information

Trading Venue	Volume-weighted average price per share (pence)	Aggregated volume	Lowest price per share	Highest price per share
AIM (AIMX)	184.8819	381,119	183.60	187.70
Total	184.8819	381,119	183.60	187.70

Individual transactions:

Time of transaction	Price (pence per share)	Number of shares purchased	Exchange Venue
08:27:53	186.9	1,445	AIMX
08:27:53	186.9	698	AIMX
08:31:30	186.2	1,480	AIMX
08:35:14	186.3	25	AIMX
08:39:29	186.3	1,037	AIMX
08:39:29	186.3	1,098	AIMX
08:41:58	186.8	4	AIMX
08:41:59	186.8	5	AIMX
08:41:59	186.8	4	AIMX
08:43:20	186.8	2,144	AIMX
08:45:22	186.3	2,249	AIMX
08:48:45	186.1	2,336	AIMX
08:53:19	185.5	2,395	AIMX
09:01:09	186.3	779	AIMX
09:01:09	186.3	1,404	AIMX
09:34:13	187.7	2,449	AIMX
09:36:18	187.3	2,167	AIMX
09:42:05	187.1	1,097	AIMX
09:48:49	187.1	285	AIMX
09:49:43	187.2	1,335	AIMX
09:49:43	187.2	900	AIMX
09:51:34	187.5	2,011	AIMX
09:51:34	187.5	192	AIMX
09:57:58	187.5	2,206	AIMX
10:04:26	187.1	630	AIMX
10:05:01	187.1	1,745	AIMX
10:10:30	186.9	1,491	AIMX
10:10:30	186.9	932	AIMX
10:18:42	186.5	1,266	AIMX
10:18:44	186.5	818	AIMX
10:19:00	186.5	332	AIMX
10:21:31	186.3	1,556	AIMX
10:26:55	186.3	13	AIMX
10:26:55	186.3	935	AIMX
10:31:32	186.1	540	AIMX
10:33:03	186.1	359	AIMX
10:33:03	186.1	900	AIMX
10:33:03	186.1	564	AIMX
10:33:45	186.0	433	AIMX
10:33:45	186.0	1,900	AIMX
10:33:59	186.0	1,171	AIMX
10:44:42	186.0	50,000	AIMX
11:34:55	185.0	50,000	AIMX
11:40:01	185.0	50,000	AIMX
11:57:14	184.5	100,000	AIMX
13:14:42	183.6	85,789	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 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSQKOBPABKDDPK