Jersey, Channel Islands - Serinus Energy plc ('Serinus' or the 'Company') (AIM:SENX, WSE:SEN) announces that on 25 October 2022 it has purchased, in accordance with the authority granted by shareholders at the 2022 Annual General Meeting, a total of 5,000 of its ordinary shares of nil par value at an average price paid per share of 11.00 pence per share. Following the purchase of these shares, the Company holds 2,869,986 of its ordinary shares in treasury and has 111,196,087 ordinary shares in issue (excluding treasury shares).

About Serinus

Serinus is an international upstream oil and gas exploration and production company that owns and operates projects in Tunisia and Romania

Contact:

Serinus Energy plc

Jeffrey Auld

Chief Executive Officer

Andrew Fairclough

Chief Financial Officer

Calvin Brackman

Vice President

External Relations & Strategy

T: +44 204 541 7859

Shore Capital

Nominated Adviser & Joint Broker

Toby Gibbs

John More

T: +44 207 408 4090

Arden Partners plc

Joint Broker

Ruari McGirr

Alexandra Campbell-Harris

T: +44 207 614 5900

Camarco

Financial PR

London

Owen Roberts

Phoebe Pugh

Forward Looking Statement

This release may contain forward-looking statements made as of the date of this announcement with respect to future activities that either are not or may not be historical facts. Although the Company believes that its expectations reflected in the forwardlooking statements are reasonable as of the date hereof, any potential results suggested by such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Various factors that could impair or prevent the Company from completing the expected activities on its projects include that the Company's projects experience technical and mechanical problems, there are changes in product prices, failure to obtain regulatory approvals, the state of the national or international monetary, oil and gas, financial , political and economic markets in the jurisdictions where the Company operates and other risks not anticipated by the Company or disclosed in the Company's published material.

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