Serica Energy PLCLSE: SQZ

Serica Energy: Grant of Options and PDMR Dealing

· Issued by Serica Energy PLC via RNS

Summary by 6ix AI

Serica Energy plc granted 8,834 options over its ordinary shares to Chief Financial Officer Martin Copeland on October 26, 2026, under its 2026 Save As You Earn Scheme, an employee share savings plan open to all eligible employees.

Key details

  • The options carry an exercise price of 206 pence each, calculated under the scheme's rules, for ordinary shares of US$0.10 each.
  • Subject to the scheme's rules, holders can exercise the 2026 options within six months beginning December 1, 2029.
  • A total of 83 employees, including Martin Copeland, took part in the 2026 invitation, with a total of 369,082 options granted.
  • Martin Copeland is a person discharging managerial responsibility, meaning a senior manager whose dealings in company shares must be disclosed under market abuse rules; the grant took place outside a trading venue.

What’s still pending

  • Exercise of the options is subject to the rules of the Save As You Earn Scheme.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/grant-of-options-and-pdmr-dealing-20

Watch Serica Energy's latest callSerica Energy (LSE:SQZ) — Interim Results · Replay · Aug 6Read the transcript of Serica Energy (LSE:SQZ) — Interim Results

26 October 2026

Serica Energy plc

("Serica Energy" or the "Company")

Grant of Options and PDMR Dealing

London, 26 October 2026 - Serica Energy plc (AIM: SER) announces that, as part of the Company's 2026 Save As You Earn Scheme ("SAYE Scheme") a total of 8,834 options to subscribe for ordinary shares of US$0.10 each in the capital of the Company ("Options") have been granted to Martin Copeland, Chief Financial Officer (Persons Discharging Managerial Responsibility) ("PDMR").

Under the SAYE Scheme, which was available to all eligible employees of the Company, the Options have an exercise price, calculated in accordance with the rules of the SAYE Scheme, of 206 pence  each. Subject to the rules of the SAYE Scheme, participants will be able to exercise their 2026 Options within six-months commencing 1 December 2029.

Including Martin Copeland, Chief Financial Officer, PDMR referred to above, a total of 83  employees have participated in the 2026 invitation of the SAYE Scheme with a  total of 369,082  Options being granted.

The notifications below, made in accordance with the requirements of the Market Abuse Regulations.

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.        

Name

Martin Copeland

2.         

Reason for the notification

a.         

Position/status

Chief Financial Officer

b.         

Initial notification/Amendment

Initial Notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.        

Name

Serica Energy PLC

b.        

LEI

213800EZZOKA815VC426

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 US$0.10 per share par value

GB00B0CY5V57

b.         

Nature of the transaction

Grant of options to acquire Serica Energy plc Ordinary Shares under the SAYE Scheme

c.         

Price(s) and volume(s)

Price(s)

Volume(s)

206 pence

8,834

d.         

Aggregated information

N/A

e.         

Date of the transaction

26 October 2026

f.         

Place of the transaction

Outside a trading venue

Enquiries:

Serica Energy plc

+44 (0)20 7487 7300 

Martin Copeland (CFO) / Andrew Benbow (Head of Investor Relations)

Peel Hunt (Sponsor, Nomad & Joint Broker)

+44 (0)20 7418 8900

Richard Crichton / David McKeown / Emily Bhasin

Jefferies (Joint Broker)

+44 (0)20 7029 8000

Sam Barnett / Cameron Jones

Vigo Consulting (PR Advisor)  

+44 (0)20 7390 0230

Patrick d'Ancona

[email protected]  

Serica Energy PLC on 6ix

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