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IN BRIEF: Union Jack schedules UK High Court capital reduction hearing

9th Aug 2022 12:11

Union Jack Oil PLC - Bath-based UK-focused oil and gas company - UK High Court of Justice schedules initial hearing for its capital reduction on August 12, with a final hearing planned on August 30. Once complete, Union Jack Oil will outline details of a share buy back scheme or the payment of a maiden dividend, it says.

"The company will announce any further developments in due course," the company adds.

Current stock price: 26.78 pence

12-month change: down 14%

By Sophie Rose; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.

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