SOURCE: Serica Energy plc

February 03, 2014 06:37 ET

Serica Energy plc: Option Awards

LONDON--(Marketwired - Feb 3, 2014) - Serica Energy plc (TSX: SQZ) (LSE: SQZ)


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.

Serica Energy plc
Tony Craven Walker,  +44 (0)20
                                                             7487 7300
Chairman & Interim CEO
Mitch Flegg, COO        +44 (0)20
                                                             7487 7300
Chris Hearne, CFO       +44 (0)20
                                                             7487 7300

Peel Hunt
Richard Crichton        +44 (0)20
                                                             7418 8900
Charles Batten            +44 (0)20
                                                             7418 8900

RBC Capital Markets
Matthew Coakes               +44 (0)20
                                                             7653 4000
Daniel Conti                   +44 (0)20
                                                             7653 4000

Instinctif Partners
(formerly College Group)
David Simonson          +44 (0)20
                                                             7457 2020
Catherine Wickman     +44 (0)20
                                                             7457 2020


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 .

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  serica@instinctif.comand  specify "Serica press
releases" in the subject line.

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


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