Serica Energy plc

Serica Energy plc

April 07, 2011 12:44 ET

Serica Energy-Award of Share Options

LONDON, UNITED KINGDOM--(Marketwire - April 7, 2011) - Serica Energy plc (TSX:SQZ)(AIM:SQZ) announces that on Tuesday 5 April 2011, the following share option award was made under the Company's Share Option Plan 2005 as amended.

Director Number of Share Options Awarded Total Number of Options Held
Chris Hearne (CFO) 200,000 2,035,000

The exercise price for the award was the middle market price on AIM on 4 April 2011, which was 31.375p per ordinary share. The award granted is subject to performance criteria and will first vest in three years and expire after ten years.

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