Union Jack Oil PLC Response to Market Speculation (3658M)
September 20 2021 - 12:05PM
UK Regulatory
TIDMUJO
RNS Number : 3658M
Union Jack Oil PLC
20 September 2021
20 September 2021
Union Jack Oil plc
("Union Jack" or the "Company")
Response to Market Speculation
Union Jack Oil plc (AIM: UJO), a UK focused onshore conventional
hydrocarbon production, development and exploration company, notes
recent market speculation surrounding the vendors of a 25% interest
in the Claymore Piper Complex Royalty Units that the Company
intends acquiring that was first disclosed in the Interim Results
released on Monday 13 September 2021. The Company confirms that the
vendors in the proposed transaction are two North American
financial entities that are not associated with Cambridge Petroleum
Royalties Limited and that no related party considerations apply to
the proposed transaction.
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
Richard Morrison
Richard Hail
Caroline Rowe
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END
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