Serica Directors Increase Shareholdings by 455,000

Serica Energy plc announced that, on September 26, 2008, a number of directors increased their beneficial shareholdings in the Company by a total of 455,000 shares:

  • Antony Craven Walker (Chairman) acquired 100,000 ordinary shares at an average price of 49 pence per share taking his total beneficial shareholding to 5,704,473 shares representing 3.23% of the voting rights.
  • Paul Ellis (Chief Executive) acquired 200,000 ordinary shares at an average price of 53 pence per share taking his total beneficial shareholding to 850,000 shares representing 0.48% of the voting rights. 
  • Chris Hearne (Finance Director) acquired 35,000 ordinary shares at an average price of 49 pence per share taking his total beneficial shareholding to 710,551 shares representing 0.4% of the voting rights. 
  • Ian Vann (Non-Executive Director) acquired 55,000 ordinary shares at an average price of 49 pence per share taking his total beneficial shareholding to 89,262 shares representing 0.05% of the voting rights. 
  • Romayne Pike (wife of Neil Pike, Non-Executive Director) acquired 55,000 shares at an average price of 49 pence per share taking the total beneficial shareholding of Mr Pike to 405,000 shares representing 0.23% of the voting rights. 
  • Jonathan Cartwright (Non-Executive Director) acquired 10,000 ordinary shares at an average price of 49 pence per share taking his total beneficial shareholding to 20,000 shares representing 0.01% of the voting rights.

The Company has 176,518,311 ordinary shares issued and outstanding.
 

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