SERICA ENERGY PLC

Transaction in Own Shares • Jun 17, 2024

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RNS Number : 6746S

Serica Energy PLC

17 June 2024

Serica Energy plc

("Serica" or the "Company")

Transaction in Own Shares

London, 17 June 2024   - Serica Energy plc (the "Company") (AIM: SQZ) announces that on 14 June 2024, it purchased 419,504 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:	14 June 2024
Aggregate number of ordinary shares purchased:	419,504
Lowest price paid per share (pence per share):	143.00
Highest price paid per share (pence per share):	146.95
Volume weighted average price paid per share (pence per share):	145.3405

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 1,924,323 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 391,544,085.

The above figure of 391,544,085 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)	145.3842	406,254	143.00	146.95
Aquis (AQXE)	144.0000	5,470	144.00	144.00
Turquoise (TRQX)	144.0000	7,780	144.00	144.00
Total	145.3405	419,504	143.00	146.95

Individual transactions

Time of transaction	Price (pence per share)	Number of shares purchased	Exchange Venue
08:10:32	146.95	50,000	AIMX
08:15:06	143.00	46	AIMX
08:17:04	143.90	2,513	AIMX
08:17:04	143.90	651	AIMX
08:31:23	144.00	1,913	AQXE
08:31:23	144.00	1,515	AQXE
08:31:23	144.00	344	AIMX
08:31:27	144.00	1,359	AQXE
08:31:27	144.00	3,312	AIMX
08:31:27	144.00	344	AIMX
08:31:27	144.00	3,656	AIMX
08:31:27	144.00	3,312	AIMX
08:31:27	144.00	344	AIMX
08:31:27	144.00	3,656	AIMX
08:31:27	144.00	3,656	AIMX
08:31:27	144.00	2,936	TRQX
08:31:27	144.00	844	TRQX
08:31:27	144.00	3,156	TRQX
08:31:27	144.00	844	TRQX
08:31:27	144.00	683	AQXE
08:31:30	144.00	52	AIMX
08:31:30	144.00	52	AIMX
08:31:30	144.00	4,000	AIMX
08:31:30	144.00	3,948	AIMX
08:31:30	144.00	708	AIMX
08:31:30	144.00	1,567	AIMX
08:32:29	144.00	440	AIMX
08:32:29	144.00	1,285	AIMX
09:38:48	144.84	25,000	AIMX
11:33:11	145.40	25,000	AIMX
12:36:14	144.60	1,406	AIMX
12:38:35	144.60	1,437	AIMX
12:38:35	144.60	20130	AIMX
12:38:35	144.60	2,027	AIMX
13:30:43	145.20	22,806	AIMX
13:30:51	145.20	2,194	AIMX
14:38:26	145.00	18,424	AIMX
14:56:26	145.00	16,576	AIMX
15:02:13	144.90	25,000	AIMX
15:33:54	144.65	50,000	AIMX
16:03:33	145.50	853	AIMX
16:03:43	145.50	19,147	AIMX
16:03:43	145.50	1,079	AIMX
16:05:07	146.00	8,921	AIMX
16:05:07	146.00	20,000	AIMX
16:05:48	146.20	50,000	AIMX
16:07:05	146.00	12,368	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.

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