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Findings of Forensic Investigation in Ukraine

1 May 2018 18:07

RNS Number : 8135M
JKX Oil & Gas PLC
01 May 2018
 

1 May 2018

 

JKX OIL & GAS PLC

("JKX" or "the Company")

 

 

Findings of Forensic Investigation in Ukraine

 

In its preliminary results announcement dated 29 March 2018, the Company reported that KPMG had been appointed to investigate certain issues in the Company's Ukrainian subsidiary relating to the appointment and payment of legal advisers. As further explained in the Company's annual report published yesterday, KPMG's investigation has now finished without reaching conclusions of wrongdoing. However, a number of procedural failings have been identified which, as a matter of priority, the Company is now considering how to address.

 

ENDS

For further information please contact EM:

Stuart Leasor

leasor@em-comms.com

T: +44 20 3709 5711

M: +44 7703 537721

 

Jeroen van de Crommenacker

crommenacker@em-comms.com

T: +44 20 3709 5713

M: +44 7887 946719

This information is provided by RNS
The company news service from the London Stock Exchange
 
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