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  2. Share Prices
  3. Union Jack Share Price
  4. Union Jack Share Regulatory News
  5. Capital Reduction Update

Pin to quick picksUnion Jack Regulatory News (UJO)

Union Jack Information

Share Price Information for Union Jack (UJO)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 23.25
Bid: 22.50
Ask: 24.00
Change: 0.00 (0.00%)
Spread: 1.50 (6.667%)
Open: 23.25
High: 23.25
Low: 23.25
Prev. Close: 23.25
UJO Live PriceLast checked at -

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Capital Reduction Update

29 Jun 2022 07:00

RNS Number : 5321Q
Union Jack Oil PLC
29 June 2022
 

29 June 2022

 

Union Jack Oil plc

("Union Jack" or the "Company")

Capital Reduction Update

Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce that following the passing of a special resolution of the Company at its Annual General Meeting on 23 June 2022, the Company is now pursuing a reduction of capital exercise through the court procedure ("Capital Reduction").

 

The Capital Reduction involves an application to the High Court of Justice, followed by two court hearings, where the Courts will consider whether any creditors will be prejudiced by the Capital Reduction.

 

Once the Capital Reduction is complete and a positive result obtained, the Company will issue a further announcement outlining details of a share buy back scheme or the payment of a maiden dividend.

 

 

For further information, please contact

Union Jack Oil plc info@unionjackoil.com

David Bramhill

 

SP Angel Corporate Finance LLP +44 (0)20 3470 0470

Nominated Adviser and Broker

Matthew Johnson

Richard Hail

Caroline Rowe

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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Date   Source Headline
14th May 20189:00 amRNSPrice Monitoring Extension
3rd May 20187:00 amRNSTR-1: Notification of Major Interest in Shares
1st May 20187:00 amRNSFinal Results for the Year Ended 31 December 2017
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20th Mar 20187:00 amRNSBiscathorpe Acquisition Update
6th Mar 20187:00 amRNSTR-1: Notification of Major Interest in Shares
6th Mar 20187:00 amRNSTR-1: Notification of Major Interest in Shares
5th Mar 20187:05 amRNSDirector Dealing
5th Mar 20187:00 amRNSAcquisition, Commercial Partner and Fundraising
19th Feb 20187:00 amRNSHolmwood Well Update on Environment Agency Permit
14th Feb 20187:00 amRNSOperations Update and New Corporate Presentation
18th Jan 20187:00 amRNSWressle Oil Field New Planning Application Process
5th Jan 20187:00 amRNSWressle Planning Appeals Decision
21st Dec 20177:00 amRNSTR-1: Notification of Major Interest in Shares
1st Dec 20177:00 amRNSTR-1: Notification of Major Interest in Shares
29th Nov 20177:00 amRNSTR-1: Notification of Major Interest in Shares
21st Nov 20177:00 amRNSHolmwood Planning Update
20th Nov 20177:00 amRNSFiskerton Airfield Acquisition Update
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3rd Nov 20177:00 amRNSTR-1: Notification of Major Interest in Shares
19th Oct 20177:00 amRNSHolmwood Planning Update
9th Oct 20177:00 amRNSAcquisition of UK Onshore Licence Portfolio
4th Sep 20177:00 amRNSHalf Year Report
10th Aug 20177:00 amRNSTR-1: Notification of Major Interest in Shares
31st Jul 20177:00 amRNSTR-1: Notification of Major Interest in Shares
19th Jul 20177:00 amRNSTR-1: Notification of Major Interest in Shares
13th Jul 201710:00 amRNSBiscathorpe-2 Environmental Permit Update
13th Jul 20177:00 amRNSWressle Planning Appeal Update
3rd Jul 20173:21 pmRNSWressle Planning Decision
30th Jun 20177:00 amRNSWressle Planning Meeting
22nd Jun 201711:26 amRNSResult of AGM
8th Jun 20177:00 amRNSAnnual General Meeting Reminder
31st May 20177:00 amRNSWressle Additional Interest Completed
19th May 20177:00 amRNSWressle Mining Waste Permit Update
16th May 20177:00 amRNSFinal Results for the Year Ended 31 December 2016
4th May 20177:00 amRNSAppointment of Joint Broker
3rd May 20177:00 amRNSWressle Development - New Planning Application
11th Apr 20177:00 amRNSWressle Appeal and New Planning Application Update
4th Apr 20177:00 amRNSChange of Adviser
6th Mar 20177:00 amRNSAcquisition of Additional Interest in Wressle
27th Feb 20177:00 amRNS£1.4 million Placing
7th Feb 20177:00 amRNSWressle Update
11th Jan 20174:00 pmRNSWressle Planning Decision
22nd Nov 20167:00 amRNSCompletion of Acquisition in PEDL180 and PEDL182
11th Oct 20167:00 amRNSDirector/PDMR Shareholding
3rd Oct 20167:00 amRNSUK 14th Onshore Oil and Gas Licensing Final Awards
27th Sep 20167:00 amRNSAcquisition of Additional Interest in Wressle
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