Serinus Energy Issues New Shares to Management

Serinus Energy (GB:SENX) has released an update.

Serinus Energy has granted over 6 million new ordinary shares to its directors and senior managers as part of a long-term incentive plan. Subsequently, a portion of these shares was sold to manage tax liabilities, with trading on AIM expected to begin soon. This move increases the company’s total shares in issue, impacting shareholder calculations.

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