Union Jack Oil plc (LON:UJO), a UK focused onshore hydrocarbon production, development and exploration company, has announced that it has purchased a total of 100,000 of its ordinary shares of 5 pence each through SP Angel Corporate Finance LLP as detailed below.
| Date of purchase | 24 May 2023 |
| Number of Shares purchased | 100,000 Shares |
| Highest price paid per Share | 26.9 pence |
| Lowest price paid per Share | 26.75 pence |
| Volume weighted average price paid per Share | 26.83 pence |
Union Jack intends to hold the purchased Shares in Treasury.
Including Shares which have been purchased but not yet settled, to date the Company has purchased 3,650,000 Shares in Treasury.
Following the above purchase, the Union Jack Oil Plc holds 3,650,000 of its Shares in Treasury and has 112,865,896 Shares in issue (including Shares held in Treasury). Therefore, the total voting rights in the Company will be 109,215,896 (excluding Shares held in Treasury). This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial ConductAuthority’s Disclosure Guidance and Transparency Rules.
