Serinus Energy : No. 1_2021

Current Report No. 1/2021

Date: 2021‐01‐05

Issuer's trading name: SERINUS ENERGY plc

Title: Holding in Company

Legal basis: Other regulations

Content:

In view of the requirement of Article 62.8 of the Act of 29 July 2005 on Public Offering […], considering that the shares of SERINUS ENERGY plc ("Company" or "Serinus") are listed on AIM in the UK, the Management of the Company announces that it has published information outside the Republic of Poland that on January 5th 2021 it received a notification of Quercus Towarzystwo Funduszy Inwestycyjnych S.A., given under the AIM regulations, of change in the share of the total vote in the Company.

According to the notification the Quercus Towarzystwo Funduszy Inwestycyjnych S.A. currently holds 66,434,258 shares of the Company, representing 5.82% of the total vote.

The Company reminds that it provided in current report No. 45/2020 of December 21st 2020 information concerning obtaining by Quercus Towarzystwo Funduszy Inwestycyjnych S.A. of 6.42% in the total vote in in Serinus Energy plc.

The attachment to this current report contains the text of the original notification in English, which has been filed by the Company in the UK and will also be available on the Company's website: www.serinusenergy.com

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are at-			Serinus Energy plc
tachedii:
1b. Please indicate if the issuer is a non-UK issuer	(please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name				Quercus Towarzystwo Funduszy Inwestycyjnych
			S.A.
City and country of registered office (if applicable)		Warsaw, Poland
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or		4 January 2021
reachedvi:
6. Date on which issuer notified (DD/MM/YYYY):		5 January 2021
7. Total positions of person(s) subject to the notification obligation
	% of voting rights at-	% of voting rights		Total number of
	through financial instru-	Total of both in %
	tached to shares (to-	voting rights of is-
		ments	(8.A + 8.B)
	tal of 8. A)		suervii
	(total of 8.B 1 + 8.B 2)
Resulting situation
on the date on which	5.82%				5.82%	1,140,660,629
threshold was
crossed or reached

1

Position of previous	6.42%		6.42%	1,140,660,629
notification (if
applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of	Number of voting rightsix	% of voting rights
shares
ISIN code (if possible)	Direct	Indirect	Direct	Indirect
	(Art 9 of Directive	(Art 10 of Directive	(Art 9 of Directive	(Art 10 of Directive
	2004/109/EC) (DTR5.1)	2004/109/EC)	2004/109/EC) (DTR5.1)	2004/109/EC)
		(DTR5.2.1)		(DTR5.2.1)
JE00BF4N9R98		66,434,258		5.82%

SUBTOTAL 8. A

66,434,258

5.82%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial in-	Expiration		Number of voting rights
Exercise/	that may be acquired if	% of voting rights
strument	datex	Conversion Periodxi	the instrument is
			exercised/converted.

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial	Expiration	Exercise/	Physical or	Number of
Conversion Pe-	cash	% of voting rights
	x	voting rights
instrument	date	riod xi	settlementxii

SUBTOTAL 8.B.2

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9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Fullchain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv x (please add additional rows as necessary)

	% of voting rights if it	% of voting rights	Total of both if it
	through financial in-
	equals or is higher	equals or is higher
Namexv	struments if it equals
	than the notifiable	or is higher than the	than the notifiable
	threshold	threshold
	notifiable threshold
Quercus Towarzystwo
Funduszy Inwestycyj-	5.82		5.82
nych S.A.
QUERCUS Absolute Re-	5.82		5.82
turn FIZ
QUERCUS Multistrategy	5.82		5.82
FIZ
QUERCUS Parasolowy	5.82		5.82
SFIO

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of completion	Warsaw, Poland
Date of completion	5 January 2021

2