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Option Awards

3rd Feb 2014 11:08

RNS Number : 1269Z
Serica Energy plc
03 February 2014
 



Serica Energy plc

("Serica" or the "Company")

 

Option Awards

 

London, 3 February 2014 - Serica Energy plc (TSX & AIM: SQZ) announces that, on Thursday 30 January 2014, an option award over 600,000 ordinary shares was made under the Company's Share Option Plan 2005 (as amended) to each of the following directors:

 

Chris Hearne, Finance Director

Mitch Flegg, Chief Operating Officer

 

The exercise price for the options is 13 pence per share being the middle market price of the Company's shares on AIM on 29 January 2014, the dealing date prior to the date of grant. The options are subject to performance conditions. The earliest exercise date is 30 January 2017 and the options will expire after ten years.

 

Enquiries:

Serica Energy plc

Tony Craven Walker,

Chairman & Interim CEO

[email protected]

+44 (0)20 7487 7300

Mitch Flegg, COO

[email protected]

+44 (0)20 7487 7300

Chris Hearne, CFO

[email protected]

+44 (0)20 7487 7300

 

Peel Hunt

Richard Crichton

[email protected]

+44 (0)20 7418 8900

Charles Batten

[email protected]

+44 (0)20 7418 8900

 

RBC Capital Markets

Matthew Coakes

[email protected]

+44 (0)20 7653 4000

Daniel Conti

[email protected]

+44 (0)20 7653 4000

 

Instinctif Partners (formerly College Group)

David Simonson

[email protected]

+44 (0)20 7457 2020

Catherine Wickman

[email protected]

+44 (0)20 7457 2020

 

 

NOTES TO EDITORS

Serica Energy is an oil and gas exploration and production company with exploration and development assets in the UK and Norway and exploration interests in the Atlantic margins offshore Ireland and West Africa. The Company is actively exploring its licences offshore UK, Ireland, Morocco and Namibia in partnership with other companies. Further information on the Company can be found at www.serica-energy.com.

 

The Company is listed on both the Toronto Stock Exchange and the London AIM under the ticker SQZ. To receive Company news releases via email, please contact [email protected] and specify "Serica press releases" in the subject line.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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