SOURCE: Serica Energy plc

March 14, 2014 03:00 ET

Serica Energy plc: Share Purchase by Directors

LONDON, UNITED KINGDOM--(Marketwired - Mar 14, 2014) -  Serica Energy plc (TSX: SQZ) (AIM: SQZ) ("Serica" or the "Company") announces that the Trustees of the Serica Energy Share Incentive Plan ("the Plan") have made purchases of and allocated Serica shares under the terms of the Plan on behalf of employees and officers of the Company as a result of which certain directors increased their beneficial shareholdings in the Company by a total of 7,200 shares on 13 March 2014, as follows:

Christopher Hearne (Finance Director) acquired 3,600 ordinary shares at an average price of 12.5 pence per share taking his total beneficial shareholding to 1,061,825 shares representing 0.42 % of the voting rights;

Mitchell Flegg (Chief Operating Officer) acquired 3,600 ordinary shares at an average price of 12.5 pence per share taking his total beneficial shareholding to 311,672 shares representing 0.12% of the voting rights.

The Company has 250,179,040 shares issued and outstanding.

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