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