2012-02-14 18:12:12 -

LONDON, UNITED KINGDOM -- (Marketwire) -- 02/14/12 -- Serica Energy plc (TSX:SQZ)(AIM:SQZ) announces that the Trustees of the Serica Energy Share Incentive Plan ("the Plan") have made purchases of Serica shares under the terms of the plan on behalf of employees and officers of the Company as a result of which certain directors increased their beneficial shareholdings in the Company by a total of 2,748 shares on 13 February 2012, as follows:



Christopher Hearne (Finance Director) acquired 1,374 ordinary shares at a price of 27.25 pence per share taking his total beneficial shareholding to 768,718 shares representing 0.44% of the voting rights;


Peter Sadler (Business Development Director) acquired 1,374 ordinary shares at a price of 27.25 pence per share taking his total beneficial shareholding to 160,258 shares representing 0.09% of the voting rights.


The Company has 176,660,311 shares issued and outstanding.


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Contacts:

Serica Energy plc

Tony Craven Walker

Chairman

+44 (0)20 7487 7300
tony.cravenwalker@serica-energy.com :


Serica Energy plc

Chris Hearne

CFO

+44 (0)20 7487 7300
chris.hearne@serica-energy.com :


J.P.Morgan Cazenove

Patrick Magee

+44 (0)20 7588 2828
patrick.magee@jpmorgancazenove.com :


RBC Capital Markets

Matthew Coakes

+44 (0)20 7653 4871
matthew.coakes@rbccm.com :


College Hill

Nick Elwes

+44 (0)20 7457 2020
nick.elwes@collegehill.com :