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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Jkx Oil & Gas Plc | LSE:JKX | London | Ordinary Share | GB0004697420 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 41.50 | 39.50 | 42.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMJKX
RNS Number : 6205Q
JKX Oil & Gas PLC
22 October 2019
LEI: 213800AS2I1XUAGQ6F27
22 October 2019
JKX Oil & Gas plc
("JKX" or "the Company")
Second 2015 Poltava rental fee claim closed in favour of PPC
As previously reported, in April 2019 the Poltava Circuit Administrative Court found in favour of Poltava Petroleum Company ("PPC"), JKX's Ukrainian subsidiary, in relation to Case No. 816/688/16 and ruled that the relevant tax notification decisions previously issued against PPC were illegal. The decisions were consequently cancelled together with the additional tax liability and associated penalties of approximately UAH58m (approximately US$2.3m in total). The Ukrainian Tax Authorities failed to file a Supreme Court appeal within the required time and the judgement of the Poltava Circuit Administrative Court is now binding.
The cancellation of the relevant tax obligations is now reflected in the integrated electronic tax card of PPC. This is the second 2015 Poltava rental fee claim closed in favour of PPC.
ENDS
JKX Oil & Gas plc +44 (0) 20 7323 4464
Ben Fraser, CFO
EM +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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
October 22, 2019 02:00 ET (06:00 GMT)
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