SEN Semco Energy

Serinus Energy plc (“Serinus”, “SEN” or the “Company”) (AIM:SENX, WSE:SEN), announces that the Company’s Board of Directors have approved the granting of 1,000,000 stock options to Mr. Jeffrey Auld, President and Chief Executive Officer of the Company, at a strike price of £0.13 per share option.

About Serinus

Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania.

For further information, please refer to the Serinus website (www.serinusenergy.com) or contact the following:

Serinus Energy plc		+1-403-264-8877
Jeffrey Auld, Chief Executive Officer Calvin Brackman, Vice President, External Relations & Strategy
Numis Securities Limited		+44 (0) 20 7260 1000
(Nominated Adviser and Joint Broker) John Prior Paul Gillam Ben Stoop
GMP FirstEnergy		+44 (0) 20 7448 0200
(Joint Broker) Hugh Sanderson Jonathan Wright
Camarco		+44 (0) 20 3781 8334
(Financial PR) Billy Clegg Owen Roberts
TBT i Wspólnicy		+48 22 487 53 02
Financial PR - Warsaw)Piotr Talarek

 

Forward Looking Statement DisclaimerThis news release includes forward looking information and statements within the meaning of securities laws. Such statements relate to the Corporation’s or management’s objectives, projections, estimates, expectations, or predictions of the future and can be identified by words such as “plans”, “assumes”, “will”, “anticipate” and “may” or variations of such words. These statements are based on certain assumptions and analyses by the Corporation that reflect its experience and understanding of future developments. Such statements are subject to a number of uncertainties, including, but not limited to, continued listing on the Warsaw Stock Exchange and AIM, the Corporation’s ability to realize the anticipated benefits of the delisting and other factors identified in the Corporation’s filings with regulatory authorities in Canada. Many of these uncertainties are beyond the Corporation’s control and, therefore, may cause actual actions or results to differ from those expressed or implied herein. The Corporation disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, unless required by law.

Translation: This news release has been translated into Polish from the English original.

1	Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated Reason for the notification
a)	Name		Jeffrey Auld
2	Reason for the notification
a)	Position/status		Jeffrey Auld (Chief Executive Officer)
b)	Initial notification/Amendment		Initial Notification
3	Details of the issuer,  emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Serinus Energy Plc
b)	LEI		549300W183KUX62DVI32
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of  the financial instrument, type of instrument Identification code		Ordinary Shares of no par value JE00BF4N9R98
b)	Nature of the transaction		Grant of options to senior executives
c)	Price(s) and volume(s)		PDMR	Volume	Strike price (GBP)
			Jeffrey Auld	1,000,000	0.1300
d)	Aggregated information  -         Aggregated volume   -          Price		PDMR	Volume	Total aggregate value at strike price (GBP)
			Jeffrey Auld	1,000,000	130,000
e)	Date of the transaction		27 May 2019
f)	Place of the transaction		Off Market