REG - Union Jack Oil PLC - Dividend Declared

Union Jack OilAnnouncement

14/05/2024 07:00

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RNS Number : 2511O  Union Jack Oil PLC  14 May 2024

14 May 2024

 

Union Jack Oil plc

("Union Jack" or the "Company")

Dividend Declared

 

Union Jack Oil plc (AIM: UJO; OTCQB:UJOGF), a UK and USA focused onshore
hydrocarbon production, development, exploration and investment company is
pleased to announce, further to its notification of 17 April 2024, the details
of a dividend payable to shareholders.

The financial position of Union Jack remains strong, especially with the
additional revenues from the Company's assets in the USA. Consequently,
following a review of the Company's capital requirements, notwithstanding an
extended and dynamic drilling programme in the USA, the Board has decided it
is appropriate to make a further distribution to shareholders.

The Board declares a dividend of 0.25 pence per ordinary share with a London
Stock Exchange ex-dividend date of Thursday 4 July 2024, a record date of
Friday 5 July 2024 and a payment date of Friday 26 July 2024.

 

For further information, please contact the following:

 

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

Kasia Brzozowska

Richard Hail

 

Shore
Capital
 +44 (0)20 7408 4090

Joint Broker

Toby Gibbs

Harry Davies-Bell

 

Gneiss Energy
Limited
+44 (0)20 3983 9263

Financial Adviser

Jon Fitzpatrick

Paul Weidman

 

BlytheRay
   +44 (0)20 7138 3204

Financial PR

Tim Blythe

Megan Ray

 

Harbor Access
                                                                                          +1
(475) 477 9402

Investor Relations

Jonathan Paterson

Tommy
Zima

 

 

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