Completion of Buyback Programme
No summary for this filing – the full text is below.
Select text to share a quote on X · sign in to keep highlights & notes in your SQZ notes
London, 24 June 2024 - Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company, announces that following the purchase of ordinary shares on 21 June 2024, the Company's share buyback programme (the "Programme"), as announced on 24 April 2024, has been completed.
Over the course of the Programme, the Company has acquired in aggregate 8,437,478 ordinary shares of US$0.10 each in the Company (the "Ordinary Shares") between 24 April 2024 and 21 June 2024 for a total consideration of approximately £15 million[1], at a volume weighted average price of approximately 177.78 pence per share.
All purchases made under the Programme were made through the Company's joint broker, Peel Hunt LLP.
The Company has 393,468,408 Ordinary Shares in issue, of which 3,010,773 Ordinary Shares are now held in treasury. Therefore, the total number of Ordinary Shares carrying voting rights is 390,457,635.
| Peel Hunt (Nomad & Joint Broker) | +44 (0)20 7418 8900 |
| Richard Crichton / David McKeown / Emily Bhasin | |
| Jefferies (Joint Broker) | +44 (0)20 7029 8000 |
| Sam Barnett / Will Soutar | |
| Vigo Consulting (PR Advisor) | +44 (0)20 7390 0230 |
| Patrick d'Ancona / Finlay Thomson | serica@vigoconsulting.com |
[1] Total consideration £14,999,999
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.