Union Jack Oil PLC Transaction in Own Shares (9227C)
June 16 2023 - 2:00AM
UK Regulatory
TIDMUJO
RNS Number : 9227C
Union Jack Oil PLC
16 June 2023
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
16 June 2023
Union Jack Oil plc
("Union Jack" or the "Company")
Transaction in Own Shares
Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon
production, development and exploration company, is pleased to
announce that it has purchased a total of 100,000 of its ordinary
shares of 5 pence each (the "Shares") through SP Angel Corporate
Finance LLP as detailed below.
Date of purchase 15 June 2023
Number of Shares purchased 100,000 Shares
---------------
Highest price paid per Share 29.5 pence
---------------
Lowest price paid per Share 29.25 pence
---------------
Volume weighted average price paid 29.313 pence
per Share
---------------
The Company intends to hold the purchased Shares in
Treasury.
Including Shares which have been purchased but not yet settled,
to date the Company has purchased 5,400,000 Shares in Treasury.
Following the above purchase, the Company holds 5,400,000 of its
Shares in Treasury and has 112,865,896 Shares in issue (including
Shares held in Treasury). Therefore, the total voting rights in the
Company will be 107,465,896 (excluding Shares held in Treasury).
This number represents the total voting rights in the Company and
may be used by shareholders as the denominator for the calculations
by which they can determine if they are required to notify their
interest in, or a change to their interest in the Company under the
Financial Conduct Authority's Disclosure Guidance and Transparency
Rules.
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 Joint Broker
Matthew Johnson
Richard Hail
Kasia Brzozowska
Shore Capital +44 (0)20 7408 4090
Joint Broker
Toby Gibbs
Iain Sexton
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END
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