SERICA ENERGY PLC

Transaction in Own Shares • Jun 18, 2024

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RNS Number : 7802S

Serica Energy PLC

18 June 2024

Serica Energy plc

("Serica" or the "Company")

Transaction in Own Shares

London, 18 June 2024   - Serica Energy plc (the "Company") (AIM: SQZ) announces that on 17 June 2024, it purchased 88,336 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:	17 June 2024
Aggregate number of ordinary shares purchased:	88,336
Lowest price paid per share (pence per share):	148.00
Highest price paid per share (pence per share):	151.00
Volume weighted average price paid per share (pence per share):	149.6584

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 2,012,659 ordinary shares are held in treasury. Therefore, the total number of ordinary shares carrying voting rights will be 391,455,749.

The above figure of 391,455,749 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

Venue	Volume-weighted average price per share	Aggregated volume	Lowest price per share	Highest price per share
AIM (AIMX)	149.6584	88,336	148.00	151.00

Individual transactions

Time of transaction	Price (pence per share)	Number of shares purchased	Exchange Venue
08:24:43	148.4	2,042	AIMX
08:30:51	150.2	2,322	AIMX
08:30:53	151.0	2,294	AIMX
08:31:41	150.6	2,098	AIMX
08:35:45	149.6	1,341	AIMX
08:35:45	149.6	1,065	AIMX
08:38:00	149.5	2,088	AIMX
08:38:08	148.7	2,092	AIMX
08:46:20	149.8	2,299	AIMX
08:46:20	149.8	15	AIMX
08:53:31	148.9	2,344	AIMX
12:04:53	148.0	2,205	AIMX
12:06:30	148.3	2,336	AIMX
12:24:07	148.8	861	AIMX
12:24:07	148.8	1,311	AIMX
12:24:10	148.6	2,328	AIMX
12:54:27	150.0	2,132	AIMX
13:01:46	149.5	2,253	AIMX
13:25:17	150.3	2,185	AIMX
13:29:52	150.0	2,199	AIMX
14:24:41	150.6	2,295	AIMX
14:25:27	150.3	7	AIMX
14:25:27	150.3	2,462	AIMX
14:28:21	150.1	1,148	AIMX
14:30:35	150.1	1,127	AIMX
14:40:26	149.5	2,211	AIMX
14:50:53	149.9	310	AIMX
14:50:53	149.9	1,981	AIMX
14:54:47	150.2	2,177	AIMX
14:55:16	150.1	976	AIMX
14:55:41	150.1	1,053	AIMX
15:02:46	149.6	2,335	AIMX
15:03:03	149.5	2,384	AIMX
15:03:56	149.5	2,259	AIMX
15:09:04	149.4	419	AIMX
15:09:04	149.4	1,800	AIMX
15:12:45	148.9	252	AIMX
15:25:29	150.0	2,223	AIMX
15:36:22	149.6	2,222	AIMX
15:36:54	149.7	659	AIMX
15:36:57	149.8	1,214	AIMX
15:37:56	149.9	131	AIMX
15:37:56	149.9	1,158	AIMX
15:37:56	149.9	900	AIMX
15:40:40	149.7	2,126	AIMX
15:40:40	149.7	262	AIMX
15:41:56	149.8	2,034	AIMX
15:41:56	149.8	4	AIMX
15:46:09	150.0	2,296	AIMX
15:47:09	149.9	2,387	AIMX
15:50:17	149.8	2,207	AIMX
15:51:02	149.6	732	AIMX
15:51:02	149.6	371	AIMX
15:51:02	149.6	1,147	AIMX
16:00:28	149.7	2,158	AIMX
16:01:08	149.7	1,099	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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