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Serinus Energy PLC Remuneration Information 2019

Jun 13, 2019

5809_rns_2019-06-13_15dc37aa-904f-4d8b-a4f6-07f28fdcc972.pdf

Remuneration Information

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13 June 2019

Press Release

Issuance of Stock Options

Jersey, Channel Islands, June 13, 2019 -- Serinus Energy plc ("Serinus", "SEN" or the "Company") (AIM:SENX, WSE:SEN), announces that the Company's Board of Directors have approved the granting of 1,000,000 stock options to Mr. Judicael Tinss, newly appointed Chief Operating Officer of the Company, at a strike price of £0.12 per share option.

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
Calvin Brackman, Vice President, External Relations & Strategy
+1-403-264-8877
Numis Securities Limited
(Nominated Adviser and Joint Broker)
John Prior
Paul Gillam
Ben Stoop
+44 (0) 20 7260 1000
GMP FirstEnergy
(Joint Broker)
Hugh Sanderson
Jonathan Wright
+44 (0) 20 7448 0200
Camarco
(Financial PR)
Billy Clegg
Owen Roberts
+44 (0) 20 3781 8334
TBT i Wspólnicy
(Financial PR - Warsaw)
Piotr Talarek
+48 22 487 53 02

Forward Looking Statement Disclaimer

This news release includes forward looking information and statements within the meaning of securities laws. Such statements relate to the Corporation's or management's objectives, projections, estimates, expectations, or predictions of the future and can be identified by words such as "plans", "assumes", "will", "anticipate" and "may" or variations of such words. These statements are based on certain assumptions and analyses by the Corporation that reflect its experience and understanding of future developments. Such statements are subject to a number of uncertainties, including, but not limited to, continued listing on the Warsaw Stock Exchange and AIM, the Corporation's ability to realize the anticipated benefits of the delisting and other factors identified

in the Corporation's filings with regulatory authorities in Canada. Many of these uncertainties are beyond the Corporation's control and, therefore, may cause actual actions or results to differ from those expressed or implied herein. The Corporation disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, unless required by law.

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

1 Details of the person discharging managerial responsibilities / person closely
associated Reason for the notification
a) Name Judicael Tinss
2 Reason for the notification
a) Position/status Chief Operating Officer
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
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
4
a) Description of the
financial instrument,
type of instrument
Ordinary Shares of no par value
Identification
code
JE00BF4N9R98
b) Nature of the transaction Grant of options to senior executive
c) Price(s) and
volume(s) PDMR Volume Strike price (GBP)
Judicael Tinss 1,000,000 0.12

d) Aggregated
information
Aggregat
PDMR Volume Total aggregate value
at strike price (GBP)
-
ed volume
Judicael Tinss 1,000,000 120,000
Price
-
e) Date of the
transaction
12 June 2019
f) Place of the
transaction
Off Market