Serica Energy plc
TSX : SQZ
AIM : SQZ

Serica Energy plc

June 20, 2012 13:21 ET

Serica Energy-Holding(s) in Company

LONDON, UNITED KINGDOM--(Marketwire - June 20, 2012) - Serica Energy plc (TSX:SQZ)(AIM:SQZ) -

For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii Serica Energy PLC
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights x
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii Sprott Asset Management LP
4. Full name of shareholder(s)
(if different from 3.): iv
Refer to Section 9.
5. Date of the transaction and date on
which the threshold is crossed or
reached: v
June 18, 2012
6. Date on which issuer notified: June 19, 2012
7. Threshold(s) that is/are crossed or
reached: vi, vii
Below 3%
8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type
of shares
Situation previous to the triggering transaction Resulting situation after the triggering transaction
if possible using
the ISIN CODE
Number
of
Shares
Number
of
Voting
Rights
Number
of
shares
Number of
voting
rights
% of voting
rights
x
Direct Direct xi Indirect xii Direct Indirect
Common
Share

5,862,950

5,862,950

4,829,886

4,829,886

2.7%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date
xiii
Exercise/
Conversion
Period
xiv
Number of voting
rights that may be
acquired if the
instrument is
exercised/
converted.
% of voting
rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise
price
Expiration
date
xvii
Exercise/
Conversion period
xviii
Number
of
voting
rights
instrument
refers to
% of
voting
rights
xix, xx
Nominal Delta
Total (A+B+C)
Number of voting rights Percentage of voting rights

4,829,886

2.7%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Sprott Asset Management LP is the portfolio manager acting on behalf of the Sprott Canadian Equity Fund, Sprott Bull/Bear RSP Fund, Sprott Hedge Fund LP, Sprott Hedge Fund LP II, Sprott Master Fund Ltd., Sprott Master Fund II Ltd., and a Sprott Managed Account.

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information: Email: mtang@sprott.com
14. Contact name: Maggie Tang
15. Contact telephone number:

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in shares xxii
A: Identity of the persons or legal entity subject to the notification obligation
Full name
(including legal form of legal entities)
Contact address
(registered office for legal entities)
Phone number & email
Other useful information
(at least legal representative for legal persons)
B: Identity of the notifier, if applicable
Full name
Contact address
Phone number & email
Other useful information
(e.g. functional relationship with the person or legal entity subject to the notification obligation)
C: Additional information

For notes on how to complete form TR-1 please see the FSA website.

Contact Information