Energy

JKX Oil & Gas plc announced that it plans to delist and buy shares on London Stock Exchange.

Friday, November 5, 2021

On November 4, the parent company of JV Poltava Gas and Oil Company sent a delisting offer to shareholders and approval of a repurchase agreement under a tender offer for about 23.3% of shares at a price of £0.42 per share, which corresponds to the average monthly share price on the Premium Listing of the London Stock Exchange. JKX will continue implementing strategic business development steps in the form of a private British company, says the press release of the company.

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