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JKX Oil & Gas PLC (JKX)

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Tuesday 02 October, 2018

JKX Oil & Gas PLC

Update on 2015 Poltava Tax Cases

RNS Number : 7213C
JKX Oil & Gas PLC
02 October 2018
 

2 October 2018

 

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

                                               Update on 2015 Poltava Tax Cases

 

 

In relation to one of the 2015 PCC Rental Fee claims, the Company has now been informed that a hearing has been set down for 16 October 2018.This claim relates to additional tax liability and associated penalties of approximately UAH73m (US$2.6m).

 

There are eight separate 2015 PPC Rental Fee claims totalling UAH575m (USD20.4m) in additional tax liabilities and associated penalties. A date has only been scheduled for one other claim, which relates to additional tax liability and associated penalties of approximately UAH9m (USD0.3m) and is scheduled for 3 October 2018. The amounts referred to do not include late payment interest.

 

 

 

EM Communications                          +44 (0) 20 7002 7860

Stuart Leasor, Jeroen van de Crommenacker

 

 


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