Serica is a reporting issuer under the securities laws of certain provinces of Canada. Since 1 January 2013, Serica has met the requirements of a "designated foreign issuer" under Canadian securities laws.
As a company incorporated in the United Kingdom and complying with United Kingdom securities regulatory requirements, the Company is exempt from certain continuous disclosure obligations under Canadian securities laws for so long as it continues to meet the requirements of a designated foreign issuer.
These exemptions relate, in particular, to the disclosure of material changes, the preparation, approval, delivery and filing of quarterly interim financial statements, annual financial statements and auditors report, MD&A and annual information forms, preparation and filing of business acquisition reports, information circulars and proxy solicitation, early reporting, insider reporting, the disclosure of voting results, the filing of news releases disclosing information regarding its results of operations or financial condition, the filing of documents affecting the rights of security holders and material contracts entered into other than in the ordinary course of business, certain related party transactions, a change in year end, a change of auditor and the disclosure minority approval requirements for restricted securities.
For so long as Serica is a designated foreign issuer it will satisfy its reporting issuer obligations in Canada by complying with the regulatory requirements of the AIM Market of the London Stock Exchange and will simultaneously file all disclosure documents required by AIM on the Company's profile at www.sedar.com
Shareholders are advised that the ordinary shares of the Company that were listed on the TSX were delisted from the TSX at close of business on Tuesday, March 31, 2015. The Company’s shares continue to be traded on the AIM market of the London Stock Exchange in the UK.
Shareholders whose shares were held on the TSX should contact their brokers if they wish to trade their shares on AIM.
The following contact details are provided for shareholders who have any questions regarding their shares:
Serica Energy plc
Amanda Bateman, Company Secretary
Tel: 44 (0)20 7487 7300
Link Asset Services
Tel:44 (0)20 8639 3399/0871 664 0300