Union Jack Share Price (UJO)

https://total-market-solutions.com/2019/07/21/malcy-talks-oil-gas-xii/

The Share Options have an exercise price of 0.265p, being the mid-market closing price on 18 July 2019.

The vesting date is 19 July 2022 and the exercise period expires on 19 July 2029. The Share Options can only be exercised if the share price is at a 30% premium to the exercise price.

Following the grants of the Share Options, the Directors' interests in the Company are as follows:

The share options to the directors is fully justified to say the least. Of course makes no impact on the SP what so ever until they decide to exercise them, at that point shares to the value of the amount they exercise will be created and issued into the market. Yes please ! bring it on !

https://twitter.com/Share_Talk/status/1152892008643616768?s=20

https://www.share-talk.com/oil-man-jim-company-oil-gas-updates-21st-july-2019/

Lot's of comment on Twitter and the bulletin boards today about the planning proposal for a maximum quantity storage of 199 tonnes of flammable and highly flammable liquids/vapour for the West Newton site. With planning previously granted for the extended well test, and only gas expected to flow, it would seem the wire line log and core sample testing may have uncovered a few more surprises!

Then we have the Wressle asset added to the agenda at a planning meeting yesterday. As the actual appeal is scheduled for November, could it be that the company QC has rattled a few cages and pointed out a few 'points of law' that have been missed when making their previous decision to refuse planning? Could it also be they are looking for a way to get out of any mess they may have found themselves in? A deal by where perhaps the operator drops any claim for costs in return for a grant to continue operations and produce?

Source: https://tinyurl.com/y39ygjva 21/07