Friday, November 5

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

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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The Russian Federation has stopped the transit of thermal coal from Kazakhstan to Ukraine.

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The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will work together with the EU and its Member States to further develop the Eastern Partnership and a market economy. It is also noted that the German government will continue to assist Ukraine in restoring its full territorial integrity and sovereignty”.

A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice President for Policy and Partnerships.  The visit is to reconfirm the EBRD’s support for Ukraine, its reform agenda, and sustainable development. Discussions will focus on the decarbonization of the Ukrainian economy in line with the country’s updated Nationally Determined Contribution, the development of sustainable infrastructure, and the investment