Serica Energy Transfers Treasury Shares to Employee Trust

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Serica Energy Transfers Treasury Shares to Employee Trust

Serica Energy ( (GB:SQZ) ) just unveiled an announcement.

Serica Energy plc has transferred 1,500,000 Ordinary Shares from its treasury to the Company’s Employee Benefit Trust to satisfy LTIP and SIP Awards. Following this transaction, the company holds 541,985 Ordinary Shares in treasury, with a total of 393,568,408 shares in issue, impacting the total voting rights available to shareholders.

More about Serica Energy

Serica Energy plc operates in the energy sector, focusing on the exploration and production of oil and gas. The company is listed on the AIM market of the London Stock Exchange and is engaged in activities primarily in the North Sea.

YTD Price Performance: -0.89%

Average Trading Volume: 1,542,983

Technical Sentiment Signal: Hold

Current Market Cap: £539.6M

For a thorough assessment of SQZ stock, go to TipRanks’ Stock Analysis page.

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