Serinus Energy PLC — Director's Dealing 2021

May 24, 2021

National Storage Mechanism | Additional information

RNS Number : 4913Z

Serinus Energy PLC

24 May 2021

24 May 2021

Press Release

Director/PDMR Purchase of Shares

Jersey, Channel Islands, 24 May 2021 -- Serinus Energy plc ("the Company") has been informed that Catherine Kempster, spouse of Jon Kempster, a director of the Company, purchased 602,627 Ordinary Shares in the Company at a price of 2.4 pence per Ordinary Share. Following the purchase, Mr. Kempster and persons connected with him hold 602,627 Ordinary Shares, representing 0.0528% per cent of the Issued Share Capital of the Company.

About Serinus

Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.

For further information, please refer to the Serinus website (www.serinusenergy.com) or contact the following:

Serinus Energy plc Jeffrey Auld, Chief Executive Officer Andrew Fairclough, Chief Financial Officer Calvin Brackman, Vice President, External Relations & Strategy	+44 204 541 7859
Arden Partners plc (Nominated Adviser & Joint Broker) Paul Shackleton / Dan Gee-Summons (Corporate Finance) Tim Dainton (Equity Sales)	+44 207 614 5900
Shore Capital Stockbrokers Limited (Joint Broker) Toby Gibbs / John More (Corporate Advisory) Jerry Keen (Corporate Broking)	+44 207 408 4090
Camarco (Financial PR - London) Owen Roberts Phoebe Pugh	+44 203 781 8334
TBT i Wspólnicy (Financial PR - Warsaw) Katarzyna Terej	+48 602 214 353

Translation: This news release has been translated into Polish from the English original.

Forward-looking Statements This release may contain forward-looking statements made as of the date of this announcement with respect to future activities that either are not or may not be historical facts. Although the Company believes that its expectations reflected in the forward-looking statements are reasonable as of the date hereof, any potential results suggested by such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.  Various factors that could impair or prevent the Company from completing the expected activities on its projects include that the Company's projects experience technical and mechanical problems, there are changes in product prices, failure to obtain regulatory approvals, the state of the national or international monetary, oil and gas, financial , political and economic markets in the jurisdictions where the Company operates and other risks not anticipated by the Company or disclosed in the Company's published material. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties and actual results may vary materially from those expressed in the forward-looking statement. The Company undertakes no obligation to revise or update any forward-looking statements in this announcement to reflect events or circumstances after the date of this announcement, unless required by law.

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated Reason for the notification

a)

Name

Catherine Kempster

2

Reason for the notification

a)

Position/status

Associated Person to a Board Member (Jon Kempster)

b)

Initial notification

/Amendment

Initial Notification

3

Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Serinus Energy Plc

b)

LEI

549300W183KUX62DVI32

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of  the financial instrument, type of instrument

Identification code

Ordinary Shares of no par value

JE00BF4N9R98

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

PDMR	Volume	Strike price (GBP)
Catherine Kempster	602,627	£0.024

d)

Aggregated information

-  Aggregated volume

-   Price

PDMR	Volume	Total aggregate value at strike price (GBP)
Catherine Kempster	602,627	£14,463

e)

Date of the transaction

21 May 2021

f)

Place of the transaction

AIM

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