Union Jack Oil Announces General Meeting
Why we think this is neutral
This RNS announcement is a general update regarding a forthcoming general meeting, which does not fall into any of the mandatory news types that would require a more detailed analysis. As such, the sentiment is assessed as neutral.
Key Points
- Notice of General Meeting to be held on 26 August 2025
- Resolution to authorize the issuance of warrants related to a recent fundraising
- Resolution to empower directors to disapply pre-emption rights for the allotment of Ordinary Shares upon warrant exercise
Summary
The onshore oil and gas company is holding a general meeting to authorize the issuance of warrants related to a recent fundraising.
Union Jack Oil plc (AIM: UJO), a UK and USA focused onshore hydrocarbon production, development and exploration company, has announced that a notice of general meeting will be posted to shareholders. The general meeting will be held on 26 August 2025 to authorize the directors to issue warrants relating to a recent fundraising and to empower them to disapply pre-emption rights in relation to the allotment of Ordinary Shares for cash pursuant to the exercise of the warrants.
Key Dates
26 August 2025
General Meeting
GENERAL UPDATE