Aankondiging • May 20

Xtellus Capital Partners, Inc. completed the acquisition of remaining 70.7% stake in Serinus Energy plc (AIM:SENX) from Raglan Road Capital Limited, Lampe, Conway & Co. LLC, Jeffrey Auld, Lukasz Redziniak, James Causgrove and others.

Xtellus Capital Partners, Inc. has reached agreement to acquire remaining 70.7% stake in Serinus Energy plc (AIM:SENX) from Raglan Road Capital Limited, Lampe, Conway & Co. LLC, Jeffrey Auld, Lukasz Redziniak, James Causgrove and others for approximately £3.5 million on March 24, 2025. Under the terms of the Acquisition, Serinus Shareholders shall be entitled to receive: £0.034 in cash for each Serinus Share held (the "Acquisition Price"). The Acquisition values the entire issued and to be issued ordinary share capital of Serinus at approximately £5.1 million on a fully diluted basis. It is intended that the Acquisition will be implemented by way of a Court-sanctioned Scheme of Arrangement under Article 125 of the Jersey Companies Law, and that the Scheme be put to Serinus Shareholders for approval at the Court Meeting and to the Serinus Shareholders at the General Meeting, although Xtellus reserves the right to elect (with the consent of the Panel, and subject to the terms of the Cooperation Agreement) to implement the Acquisition by way of a Takeover Offer. The Acquisition, if it becomes Effective, would provide Serinus Shareholders with an immediate realisation of value in cash for their Serinus Shares at a premium to the Closing Price as at the Latest Practicable Date, and an opportunity to realise value despite the limited liquidity of Serinus Shares. The percentage of Scheme Shares eligible to vote at the Court Meeting is based on 106,791,136 Scheme Shares, being 151,099,460 Serinus Shares in issue, less 44,308,324 Serinus Shares owned or controlled by Xtellus. The full cash consideration payable under the terms of the Acquisition, together with certain fees and expenses in connection with the Acquisition, will be funded through cash on Xtellus' balance sheet. The Acquisition will be conditional on, amongst other things, the approval of Serinus Shareholders and the satisfaction or (where applicable) waiver of the Conditions and further terms set out inAppendix 1to this Announcement (which shall be set out in the Scheme Document). In addition, the Acquisition is conditional upon: the approval by the National Agency for Mineral Resources in Romania (or other applicable Romanian government entity) of the maintenance of the validity of Serinus' Petroleum Concession Agreement for the purposes of Article 34(5) of the Romanian Petroleum law no. 238/2004, or written confirmation from such body that the Acquisition should not be referred for review under such law; and the authorisation by the Romanian Competition Council of the foreign direct investment in Romania entailed by the Acquisition (whether unconditionally or with such conditions as are acceptable to Xtellus and Serinus (acting reasonably and in good faith), thereby satisfying the requirements of the Romanian Governmental Emergency Ordinance no. 46/202, or confirmation by such body that the Acquisition should not be referred for review under such ordinance. The Acquisition will also be conditional upon: the Court Meeting and General Meeting being held on or before the 22nd day after the expected date of the meetings to be set out in the Scheme Document in due course or such later date (if any) as Xtellus and Serinus may agree and Third Party Clearances. The Serinus Directors intend to recommend unanimously that Serinus Shareholders vote in favour of the Scheme at the Court Meeting and that the Serinus Shareholders vote in favour of the Resolutions to be proposed at the General Meeting. It is expected that the Scheme will become Effective in the second quarter of 2025. Xtellus initially received an irrevocable undertaking from Lampey Conway & Co LLC to vote in favor of the acquisition scheme for 13,193,642 Serinus Shares (8.9% of share capital). It was later clarified that Steven Lampe holds these shares privately and signed a new undertaking, replacing the previous one. The total shares under irrevocable undertakings remain at 22,479,122, representing 14.9% of Serinus's share capital. On May 1, 2025, Serinus announced that the requisite majorities of shareholders voted to approve the scheme at the Court Meeting and the General Meeting. The resolutions were duly passed, indicating shareholder support for the acquisition. Xtellus confirmed to Serinus and the Takeover Panel that all conditions to the acquisition have been satisfied or waived, except those that can only be satisfied upon or after the scheme is sanctioned. The scheme remains subject to the sanction by the Court at the Court Sanction Hearing scheduled on May 15, 2025. Following the delivery of the Court Order to the Jersey Registrar of Companies, The effective date of the scheme is expected to be May 19, 2025. As of May 15, 2025, the last day of dealings in, and for registrations of transfers of, Serinus Shares will be May 16, 2025 and the Scheme Record Time will be on May 16, 2025. Trading on AIM in Serinus Shares will be suspended on May 19, 2025. Serinus will pay a fees for Financial and corporate broking advice is £150,000 and Legal advice is £250,000. Toby Gibbs and Lucy Bowden of Shore Capital and Corporate Limited and Shore Capital Stockbrokers Limited acted as financial advisor and fairness opinion provider to Serinus. Neil Passmore and Mario Dörflinger of H&P Advisory Limited acted as financial advisor to Xtellus. Bird & Bird LLP is acting as legal adviser to Xtellus as to English law. McCarthy Tétrault is acting as legal adviser to Serinus as to English law. Mourant Ozannes (Jersey) LLP is acting as legal adviser to Serinus as to Jersey law. T. Studnicki, K. Pleszka, Z. Cwiakalski, J. Górski sp.k. Oddzial w Warszawie of Studnicki Pleszka Cwiakalski Górski LLP acting as legal adviser to Serinus as to Polish law. the Jersey Financial Services Commission acting as the registrar of companies to Serinus. Computershare Investor Services is the registrar to Serinus. Xtellus Capital Partners, Inc. completed the acquisition of remaining 70.7% stake in Serinus Energy plc (AIM:SENX) from Raglan Road Capital Limited, Lampe, Conway & Co. LLC, Jeffrey Auld, Lukasz Redziniak, James Causgrove and others for May 19, 2025. Serinus further announces that Lukasz Redziniak, Chairman and Independent Director, James Causgrove, Senior Independent Non-Executive Director and Natalie Fortescue, Independent Non-Executive Director, have tendered their resignations as directors of the Company effective from the date of cancellation of admission to trading on AIM of the Serinus Shares. Following the application by Serinus to the London Stock Exchange, cancellation of admission to trading on AIM of Serinus Shares is expected to become effective at on May 20, 2025.

Aankondiging • Mar 25

Xtellus Capital Partners, Inc. has reached agreement to acquire Serinus Energy plc (AIM:SENX) from Raglan Road Capital Limited, Lampe, Conway & Co. LLC and others for approximately £3.5 million.

Xtellus Capital Partners, Inc. has reached agreement to acquire Serinus Energy plc (AIM:SENX) from Raglan Road Capital Limited, Lampe, Conway & Co. LLC and others for approximately £3.5 million on March 24, 2025. Under the terms of the Acquisition, Serinus Shareholders shall be entitled to receive: £0.034 in cash for each Serinus Share held (the "Acquisition Price"). The Acquisition values the entire issued and to be issued ordinary share capital of Serinus at approximately £5.1 million on a fully diluted basis. It is intended that the Acquisition will be implemented by way of a Court-sanctioned Scheme of Arrangement under Article 125 of the Jersey Companies Law, and that the Scheme be put to Serinus Shareholders for approval at the Court Meeting and to the Serinus Shareholders at the General Meeting, although Xtellus reserves the right to elect (with the consent of the Panel, and subject to the terms of the Cooperation Agreement) to implement the Acquisition by way of a Takeover Offer. The Acquisition, if it becomes Effective, would provide Serinus Shareholders with an immediate realisation of value in cash for their Serinus Shares at a premium to the Closing Price as at the Latest Practicable Date, and an opportunity to realise value despite the limited liquidity of Serinus Shares. The full cash consideration payable under the terms of the Acquisition, together with certain fees and expenses in connection with the Acquisition, will be funded through cash on Xtellus' balance sheet. The Acquisition will be conditional on, amongst other things, the approval of Serinus Shareholders and the satisfaction or (where applicable) waiver of the Conditions and further terms set out inAppendix 1to this Announcement (which shall be set out in the Scheme Document). In addition, the Acquisition is conditional upon: the approval by the National Agency for Mineral Resources in Romania (or other applicable Romanian government entity) of the maintenance of the validity of Serinus' Petroleum Concession Agreement for the purposes of Article 34(5) of the Romanian Petroleum law no. 238/2004, or written confirmation from such body that the Acquisition should not be referred for review under such law; and the authorisation by the Romanian Competition Council of the foreign direct investment in Romania entailed by the Acquisition (whether unconditionally or with such conditions as are acceptable to Xtellus and Serinus (acting reasonably and in good faith), thereby satisfying the requirements of the Romanian Governmental Emergency Ordinance no. 46/202, or confirmation by such body that the Acquisition should not be referred for review under such ordinance. The Acquisition will also be conditional upon: the Court Meeting and General Meeting being held on or before the 22nd day after the expected date of the meetings to be set out in the Scheme Document in due course or such later date (if any) as Xtellus and Serinus may agree and Third Party Clearances. The Serinus Directors intend to recommend unanimously that Serinus Shareholders vote in favour of the Scheme at the Court Meeting and that the Serinus Shareholders vote in favour of the Resolutions to be proposed at the General Meeting. It is expected that the Scheme will become Effective in the second quarter of 2025. Toby Gibbs and Lucy Bowden of Shore Capital and Corporate Limited and Shore Capital Stockbrokers Limited acted as financial advisor and fairness opinion provider to Serinus. Neil Passmore and Mario Dörflinger of H&P Advisory Limited acted as financial advisor to Xtellus. Bird & Bird LLP is acting as legal adviser to Xtellus as to English law. McCarthy Tétrault is acting as legal adviser to Serinus as to English law. Mourant Ozannes (Jersey) LLP is acting as legal adviser to Serinus as to Jersey law. T. Studnicki, K. Pleszka, Z. Cwiakalski, J. Górski sp.k. Oddzial w Warszawie is acting as legal adviser to Serinus as to Polish law. the Jersey Financial Services Commission acting as the registrar of companies to Serinus.

Totaal aandeelhoudersrendement	-13.6%
Toekomstig dividendrendement	n/a
Dividendgroei	n/a
Volgende betaaldatum dividend	n/a
Ex-dividenddatum	n/a
Dividend per aandeel	n/a
Uitbetalingsratio	n/a

Segment	Dividendrendement
Bedrijf (SENX)	n/a
Markt onderkant 25% (GB)	2.0%
Markt Top 25% (GB)	5.3%
Gemiddelde industrie (Oil and Gas)	4.0%
Analist prognose (SENX) (tot 3 jaar)	n/a

Gegevens	Laatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse	2025/05/19 03:47
Aandelenkoers aan het einde van de dag	2025/05/16 00:00
Inkomsten	2025/03/31
Jaarlijkse inkomsten	2024/12/31

Pakket	Gegevens	Tijdframe	Voorbeeld Amerikaanse bron ^*
Financiële gegevens bedrijf	10 jaar	Resultatenrekening Kasstroomoverzicht Balans	SEC-formulier 10-K SEC-formulier 10-Q
Consensus schattingen analisten	+3 jaar	Financiële prognoses Koersdoelen analisten	Onderzoeksrapporten van analisten Blue Matrix
Marktprijzen	30 jaar	Aandelenprijzen Dividenden, splitsingen en acties	ICE Marktgegevens SEC-formulier S-1
Eigendom	10 jaar	Top aandeelhouders Handel met voorkennis	SEC-formulier 4 SEC-formulier 13D
Beheer	10 jaar	Leiderschapsteam Raad van bestuur	SEC-formulier 10-K SEC-formulier DEF 14A
Belangrijkste ontwikkelingen	10 jaar	Bedrijfsaankondigingen	SEC-formulier 8-K

Analist	Instelling
Christopher Brown	Canaccord Genuity
Bianka Madej	Erste Group Bank AG
Brian Bagnell	Macquarie Research

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Serinus Energy Dividenden en inkoop

Dividend criteriumcontroles 0/6

Belangrijke informatie

Recente updates van dividend en inkoop

Serinus Energy plc (AIM:SENX) commences an Equity Buyback Plan for 114,066,063 shares, representing 10% of its issued share capital, under the authorization approved on May 13, 2021.

Recent updates

Xtellus Capital Partners, Inc. completed the acquisition of remaining 70.7% stake in Serinus Energy plc (AIM:SENX) from Raglan Road Capital Limited, Lampe, Conway & Co. LLC, Jeffrey Auld, Lukasz Redziniak, James Causgrove and others.

New major risk - Financial position

Serinus Energy plc to Report First Half, 2025 Results on Aug 07, 2025

Serinus Energy Provides Delisting Update

Xtellus Capital Partners, Inc. has reached agreement to acquire Serinus Energy plc (AIM:SENX) from Raglan Road Capital Limited, Lampe, Conway & Co. LLC and others for approximately £3.5 million.

New major risk - Share price stability

Full year 2024 earnings released: US$0.085 loss per share (vs US$0.12 loss in FY 2023)

Serinus Energy plc's (LON:SENX) Shares Bounce 31% But Its Business Still Trails The Industry

New major risk - Shareholder dilution

Serinus Energy plc has completed a Follow-on Equity Offering in the amount of £3801.

Serinus Energy plc has completed a Follow-on Equity Offering in the amount of £0.750978 million.

Lacklustre Performance Is Driving Serinus Energy plc's (LON:SENX) 31% Price Drop

Third quarter 2024 earnings released: US$0.008 loss per share (vs US$0.015 loss in 3Q 2023)

New major risk - Share price stability

Serinus Energy plc (LON:SENX) Stock Catapults 29% Though Its Price And Business Still Lag The Industry

New minor risk - Share price stability

Second quarter 2024 earnings released: US$0.006 loss per share (vs US$0.015 loss in 2Q 2023)

There's No Escaping Serinus Energy plc's (LON:SENX) Muted Revenues

Serinus Energy plc Announces Resignation of Jonathan Kempster as a Director

New minor risk - Shareholder dilution

First quarter 2024 earnings released

Serinus Energy plc, Annual General Meeting, May 10, 2024

New major risk - Share price stability

Insufficient new directors

Full year 2023 earnings released: US$0.11 loss per share (vs US$0.014 profit in FY 2022)

Take Care Before Jumping Onto Serinus Energy plc (LON:SENX) Even Though It's 25% Cheaper

Cautious Investors Not Rewarding Serinus Energy plc's (LON:SENX) Performance Completely

Serinus Energy plc to Report Fiscal Year 2023 Results on Mar 18, 2024

Third quarter 2023 earnings released: US$0.014 loss per share (vs US$0.013 profit in 3Q 2022)

Are Serinus Energy plc (LON:SENX) Investors Paying Above The Intrinsic Value?

Serinus Energy plc Appoints Vlad Ryabov as Chief Financial Officer

Second quarter 2023 earnings released: US$0.02 loss per share (vs US$0.007 profit in 2Q 2022)

There's Been No Shortage Of Growth Recently For Serinus Energy's (LON:SENX) Returns On Capital

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

A Look At The Intrinsic Value Of Serinus Energy plc (LON:SENX)

Serinus Energy plc Announces Completion of Sabria N-2 Well Workover in Tunisia

First quarter 2023 earnings released: US$0.01 loss per share (vs US$0.009 profit in 1Q 2022)

Serinus Energy plc Announces Resignation of Andrew Fairclough as Director

Lacklustre Performance Is Driving Serinus Energy plc's (LON:SENX) 35% Price Drop

Full year 2022 earnings: EPS and revenues miss analyst expectations

Serinus Energy plc to Report Q3, 2023 Results on Nov 27, 2023

An Intrinsic Calculation For Serinus Energy plc (LON:SENX) Suggests It's 50% Undervalued

Consensus forecasts updated

Third quarter 2022 earnings released: EPS: US$0.014 (vs US$0.012 in 3Q 2021)

Price target decreased to UK£0.50

Consensus forecasts updated

Serinus Energy's (LON:SENX) Returns On Capital Are Heading Higher

Second quarter 2022 earnings released: EPS: US$0.012 (vs US$0.004 in 2Q 2021)

Price target decreased to UK£0.55

Consensus forecasts updated

Returns On Capital Are Showing Encouraging Signs At Serinus Energy (LON:SENX)

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased to UK£0.059

Serinus Energy plc, Annual General Meeting, May 12, 2022

Serinus Energy plc (LON:SENX) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Bullish: Analysts Just Made A Huge Upgrade To Their Serinus Energy plc (LON:SENX) Forecasts

Serinus Energy plc (AIM:SENX) commences an Equity Buyback Plan for 114,066,063 shares, representing 10% of its issued share capital, under the authorization approved on May 13, 2021.

Third quarter 2021 earnings: Revenues miss analyst expectations

We Don’t Think Serinus Energy's (LON:SENX) Earnings Should Make Shareholders Too Comfortable

Second quarter 2021 earnings released

Serinus Energy plc Announces Gas Discovery At Sancrai-1

Serinus Energy plc Announces Sancrai-1 Well - Commencement of Drilling

Insider recently bought UK£14k worth of stock

Key Executive recently bought UK£10.0k worth of stock

First quarter 2021 earnings released

Serinus Energy plc's (LON:SENX) Profit Outlook

Non-Independent Director has left the company

Full year 2020 earnings released: US$0.034 loss per share (vs US$0.008 loss in FY 2019)

Stabiliteit en groei van betalingen

Dividendrendement versus markt

Winstuitkering aan aandeelhouders

Contante uitbetaling aan aandeelhouders