Information  X 
Enter a valid email address

JKX Oil & Gas PLC (JKX)

  Print      Mail a friend       Annual reports

Thursday 25 October, 2018

JKX Oil & Gas PLC

Update on 2015 Poltava Rental Fee claims

RNS Number : 1657F
JKX Oil & Gas PLC
25 October 2018
 

25 October 2018

 

JKX Oil & Gas plc ("JKX" or the "Company")

Update on 2015 Poltava Rental Fee claims

 

The adjourned hearing of the Poltava Circuit Administrative Court 2018 in respect of one of the 2015 Poltava Petroleum Company ("PPC") Rental Fee claims held on 24 October 2018 has been further adjourned to 22 November 2018 to enable consideration of judicial tax expertise filed by PPC.

 

This claim relates to additional tax liability and associated penalties of approximately UAH9m (USD0.3m).

 

In regard to all eight ongoing 2015 PPC Rental Fee claims it is anticipated that there will be a number of further adjournments until they are concluded.  The Company will update the market as and when there are material developments or outcomes in each case.

 

 

 

For more information:

 

EM Communications                          +44 (0) 20 7002 7860

Stuart Leasor, Jeroen van de Crommenacker

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
MSCKMMZGNKZGRZG

a d v e r t i s e m e n t