5th Feb 2015 12:21
LONDON (Alliance News) - JKX Oil and Gas PLC shares rose on Thursday after Proxima Capital Group Inc released a statement confirming it "is in the very early stages of considering a potential offer" for the company.
Proxima is an independent investment firm, and said it had noted JKX's share price movement. The stock was up 28.5% to 23.77 pence per share on Thursday afternoon.
"Proxima Capital Group Inc notes the recent share price movement of JKX Oil and Gas PLC and confirms that it is currently in the very early stages of considering a potential offer for JKX Oil and Gas PLC," said Proxima.
It said there can be no certainty an offer will be made, but said it intends to approach the board of JKX to discuss its proposals.
JKX has not made a statement regarding the potential deal.
By Joshua Warner; [email protected]; @JoshAlliance
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