REG - Union Jack Oil PLC - Transaction in Own Shares

Union Jack OilAnnouncement

28/10/2022 07:00

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RNS Number : 4056E  Union Jack Oil PLC  28 October 2022

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.

28 October 2022

 

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 200,000 of its ordinary shares of 5 pence each in the
capital of the Company (the "Shares") through the Company's Broker, SP Angel
Corporate Finance LLP, as follows.

 Date of purchase                              27 October 2022
 Number of Shares purchased                    200,000 Shares
 Highest price paid per Share                  31.65 pence
 Lowest price paid per Share                   30.94 pence
 Volume weighted average price paid per Share  31.295 pence

 

The Company intends to hold these Shares in Treasury.

Including Shares which have been purchased but not yet settled, to date the
Company has purchased 200,000 Shares in Treasury.

Following the above purchase, the Company holds 200,000 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
112,665,896 (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

Caroline Rowe

 

Shore
Capital
 
+44 (0)20 7408 4090

Joint Broker

Toby Gibbs

Iain Sexton

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