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JKX Oil & Gas PLC (JKX)

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Wednesday 17 October, 2018

JKX Oil & Gas PLC

Update on 2015 Poltava Tax Cases

RNS Number : 3521E
JKX Oil & Gas PLC
17 October 2018
 

17 October 2018

 

 

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

 

Update on 2015 Poltava Tax Cases

 

In relation to one of the 2015 PPC Rental Fee claims, a hearing held on 16 October 2018 was adjourned to 8 November 2018 to enable the tax authorities to have further time to submit their objections against PPC`s motion on the conduct of tax economic expert evidence.

 

This claim relates to additional tax liability and associated penalties of approximately UAH 73m (USD 2.6m).

 

 

For more information:

 

EM Communications                          +44 (0) 20 7002 7860

Stuart Leasor, Jeroen van de Crommenacker

 

 

 

 


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