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Serica Energy PLC - North Sea-focused oil and gas producer - Says still committed to moving to the Main Market of the London Stock Exchange from AIM, despite a delay. The move had been set to be completed in the fourth quarter of this year. Owing to recent acquisition activity, however, the move will no longer be possible this year, Serica says. Earlier this month, it agreed to buy all of BP PLC’s stakes in the P111 and P2544 licences in the UK North Sea. In September, Serica signed a deal to buy 100% of Prax Upstream Ltd from Prax Exploration & Production PLC, which is in administration. The listing move is expected to take place at the earliest opportunity following publication of Serica’s 2025 accounts, it says. Current stock price: 191.50 pence, up 3.2% on Wednesday morning in London 12-month change: up 31% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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