Union Jack Oil (UJO) has announced the convening of a General Meeting of the
company on 10 March 2021. In a shareholder circular issued on 19 February 2021, the
company has proposed the adoption of new articles of association and in particular, a
200 for 1 proposed consolidation of the company’s share capital. This will reduce the
number shares in issue from c.19.8 billion to approximately 99.1 million. The company
anticipates that this action could reduce volatility and improve liquidity o ....
19 Feb 2021
Union Jack Oil plc Notice of share consolidation
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Union Jack Oil plc Notice of share consolidation
Union Jack Oil Plc (UJO:LON) | 26.5 0 0.0% | Mkt Cap: 28.2m
- Published:
19 Feb 2021 -
Author:
Barney Gray -
Pages:
2
Union Jack Oil (UJO) has announced the convening of a General Meeting of the
company on 10 March 2021. In a shareholder circular issued on 19 February 2021, the
company has proposed the adoption of new articles of association and in particular, a
200 for 1 proposed consolidation of the company’s share capital. This will reduce the
number shares in issue from c.19.8 billion to approximately 99.1 million. The company
anticipates that this action could reduce volatility and improve liquidity o ....