Serinus Energy PLC — Share Issue/Capital Change 2018

Nov 19, 2018

Current Report No. 61/2018Date: 2018-11-19Issuer'strading name: SERINUS ENERGY plc

Title:Stock Option Price Conversion

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") is listed on the AIM in UK,the Management of the Company informs that it has published informationoutside the Republic of Poland announcing that following the continuanceof the Company to Jersey, Channel Islands and the admission of theCompany's shares to trading on the AIM market of the London StockExchange, the Company's Board of Directors have approved the conversionof the strike price of the outstanding stock options of seniorexecutives and staff from Canadian Dollars per share to Pound Sterlingper share. This strike price conversion was set using the GBP/CADexchange rate at the date of the continuance, this being 03 May 2018.

The attachment to this current report contains text of the original newsrelease in English, which has been filed by the Company in UK and willalso be available on Company's website: www.serinusenergy.com, whichincludes information about the options aggregated in a form according tothe template for notifications defined in Commission ImplementingRegulation (EU) 2016/523 of 10 March 2016.