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Serinus Energy PLC Capital/Financing Update 2020

Sep 28, 2020

5809_rns_2020-09-28_8eaa4935-3b63-4203-8af5-6405d2cc25ae.html

Capital/Financing Update

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Current Report No. 21/2020Date: 2020-09-28Issuer'strading name: SERINUS ENERGY plc

Title:Covenant Waiver Received

Legal basis: Other regulations

Content:In view of the requirement of Article 62.8 of the Actof 29 July 2005 on Public Offering [...], considering that the shares ofSERINUS ENERGY plc ("Company") are listed on AIM in the UK, theManagement of the Company informs that it has published outside theRepublic of Poland information that it has received a formal waiver fromthe European Development and Reconstruction Bank ("EBRD") in relation tothe debt service covenant on its Convertible Loan for the period ending30 September 2020.

The attachment to this current report contains text of the originalpress release in English, which has been filed by the Company in the UKand will also be available on Company's website: www.serinusenergy.com