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14-08-2018
The London-listed oil company JKX Oil & Gas is scrambling to find out why a Ukrainian MP has quietly become its second largest shareholder in a deal that has sparked speculation of a potential takeover by oligarchs. Vitaliy Khomutynnik, one of Ukraine's richest men, has clinched a 20 per cent stake in JKX - which has assets in Ukraine and Russia - via an investment fund called Cascade. He bought the stake from Proxima, a Russian fund that in 2016 succeeded in booting out the entire JKX board. - Mail on Sunday
POSSIBLY TAKEOVER JKX Oil & Gas PLC Notification of major holdings 14/08/2018 12:21pm UK Regulatory (RNS & others) Resulting situation on the date on which threshold was crossed or reached 19.97% N/A 19.97% 171,723,145 ------------------ ---------------------- ---------------- -------------------- Position of previous notification (if applicable) 10.00% N/A 10.00% ------------------ ---------------------- ---------------- --------------------
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